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Technology Stocks : PairGain Technologies
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To: serendipitymike who wrote (36163)3/4/2000 10:27:00 PM
From: BWAC  Read Replies (1) of 36349
 
SeredipityMike,

Are you referring specifically to PAIR? If so I would sell the 17 1/2 Calls for April for around $2 or try the April 20 Calls for $1. Let them either get exercised or expire. If they expire, do it again for May. And so on.

You will first need approval from your broker to sell Covered Calls. If you are already approved for buying options, you should be approved for writing covered calls as it is less risky.

cboe.com

Shorting "against the box" is no longer allowed.
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