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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: SecularBull who wrote (27676)	12/29/2000 12:53:04 PM
From: r.edwards	Read Replies (1) of 65232

LOF, thanks but that kind of makes my brain hurt. the Feb 35s are about $7 vs. the cree price of 37, so ~ $ 5 bucks of premium. (cash outflow) I'm only saving $2.85 in taxes per share in selling. If cree moves up $3 by Feb I'm even with the tax liability, and could probably sell an april call for an additional $3 or $4. Damn TAXES !!!

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