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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (4746)2/23/2000 5:28:00 PM
From: Sully-  Read Replies (1) of 35685
 
Voltaire, porchmates, countryperson's, lend me your ear....

I'm thinking of selling some CC's.....

sold a few today

- March 155's for $6 3/8
- Mar 160's for $5
- Mar 170's for $3 5/8

Me thinks I will get called away on the 155's & 160's, but they were trading shares. I still think we will have some resistance at $160, but any news on top of this S&P index repositioning could push us through it.

I'm looking at selling April calls on 1/2 of my core holdings & I'd rather not get called on them. Should I wait to see if we run more near term? Any thought's on a strike price to consider relatively safe? Um, I won't hold any Molloylike grudges or anything. Just looking for some thoughts from my porchmates ;-)

Volt, Jill, Dealer, Poet, Jim, or any of you more experienced option folks, I'd appreciate some thoughts.

TIA

w2
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