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Strategies & Market Trends : Options

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To: edamo who wrote (7784)	5/11/2000 1:18:00 PM
From: Tom K.	Read Replies (4) of 8096

Just thought I'd give an update on my first naked CALL experience that I did last week. Sold 10 ADBE May 140 for 2. Closed them this morning at .25 for a $1600 gain. I've still got Jun SDLI at 230 and BBRC at 75. Always dangerous when the first trade is profitable.... you think that it's all this easy. Today I opened a few more for Jun... CHKP at 210 and SEBL at 145. That exceeds my quota for June if they all come in. Now to sit back and watch for any corrective action that is needed...... sweaty palms until I get use to this side. Tom

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