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Strategies & Market Trends : Options
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To: taxman who wrote (1348)1/20/2000 10:20:00 AM
From: Jill  Read Replies (2) of 8096
 
I don't see them as equal because their consequences are different. long the underlying and sell calls, you can lose your underlying and keep only the premium. short the underlying, you get a premium or you get stock. int he former scenario you either end up with premium or less/no stock. in the latter you either end up with premium or some/more stock.

your goals for the two are very different when you set those two types of positions.
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