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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Dealer who wrote (29623)1/21/2001 9:15:42 AM
From: Jill  Read Replies (3) of 65232
 
It's not a bad idea but I hope after a refreshing break he comes back. Ain't no porch w/o him....

CC: I like and dislike the one I wrote this month. It was 15% in 2 weeks--written just in perfect beano style: cmrc dropped to 17 1/2 and I bought my shares and wrote my calls at 17 1/2....no stress...but then cmrc decides to go up 10 points after earnings! What's that, about 60%? Or more. But that's gambling, one never knows...its just a bit ironic, the timing.

What did you do w/ your calls?

I'm looking around for another buy-write. I'm doing it on a portion of my brokerage acct, and use the other for trading. I was looking at GMST, and ORCL. EXTR's paying well but its volatile.
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