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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%3:59 PM EST

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To: Wyätt Gwyön who wrote (7042)9/24/1999 9:15:00 AM
From: Art Bechhoefer  Read Replies (1) of 60323
 
Those are very good points, and they illustrate how one can use options to maximize gain and even minimize loss. I like your suggestion to buy the stock and sell in-the-money calls, but believe the strategy would be enhanced by selling calls with expiration date two or three months in advance, to take advantage of the premium on the calls.
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