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Pastimes : All Clowns Must Be Destroyed

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To: MythMan who wrote (15048)3/7/2000 10:11:00 AM
From: wlheatmoon  Read Replies (2) of 42523
 
MM,

Go buy RJR...ex dividend date is tomorrow with pay out on 4/3.....dividend yield of 17.28%....sell april 17.5 calls for 1 3/16...you will get at least 4.4% just on the dividend and if your stock gets called, you will get another 4% on the calls,,if the stocks don't get called...just enjoy the dividends and the money from the calls...

mike
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