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Strategies & Market Trends : Options
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To: voop who wrote (67)12/26/1999 10:44:00 PM
From: Jill  Read Replies (1) of 8096
 
48 cents! Can one even call that a cost basis? :-) Sounds like free to me.

What about simply selling OTM covered calls to keep making $? You could do it monthly on a portion of stock. You could also sell puts, reducing cost basis to maybe l/2 cents?

But I'm sure more experienced hands will have some better ideas
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