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Technology Stocks : Extreme Networks, Inc. (EXTR)
EXTR 17.49-0.1%12:59 PM EST

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To: A.L. Reagan who wrote (481)12/28/2000 9:15:37 AM
From: im a survivor  Read Replies (2) of 770
 
I grabbed some EXTR yesterday at $39 and immediately wrote Jan 50 CC's for an even $4.

10% premium up front on an OTM CC aint too shabby....if called in 3 weeks at $50, that is 38% gain for 3 weeks....if not called, will just write again.

Good move, bad move....opinions anyone ?

Anyone else using EXTR as CC Vehicle.

TIA

Keith
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