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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (82115)	7/3/2000 1:17:45 PM
From: S. maltophilia	Read Replies (1) of 132070

MB While the charms of VERT continue to elude me, I'm always open to writing a juicy option in the IRA. $20 ain't bad <g>, but you have to stare at the position for 3 1/2 years, and if you want to bail, that premium is real slow to go away. I see that a Jan 2001 @ 40 brings ~$10 and you get to write another one after only 6 months. Or, even more to my liking, Aug & Oct 2000 for 4 & 7, respectively. Care to elaborate on your choice of expiration? TIA

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