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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)

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To: holland who wrote (2065)6/7/2001 10:02:34 PM
From: PoetTrader  Read Replies (1) of 2241
 
Holland...so funny you should mention this strategy as I just arrived at the same thinking today while studying the option premiums...in fact I was thinking of selling a Jul70 on cien (underlying at 61.50)...the premiums are 3.30 -- if I get called out I would be very happy...but it can't be this easy...can it?
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