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Technology Stocks : Intel Corporation (INTC)
INTC 40.78+0.7%Dec 10 3:59 PM EST

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To: GVTucker who wrote (125988)1/25/2001 8:12:49 AM
From: Elmer  Read Replies (1) of 186894
 
Re: "One last thought is that personally, I don't think covered calls make too much sense in most cases. Note that there are a lot of smart people that have made a whole lot more money than I who disagree, though"

I won't claim to be smarter but my experience has been that if you restrict your sales to well out of the money, the chance of assignment is very low. If threatened with assignment, one rolls the option out to a higher strike price and a later month. Exactly the kind of problem we'd all love to have.

EP
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