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Politics : Formerly About Applied Materials
AMAT 256.89-1.2%Dec 31 3:59 PM EST

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To: Math Junkie who wrote (48651)7/2/2001 9:43:46 PM
From: Jerome   of 70976
 
Richard,.... Your situation is different from what I have run into before. I would call E-Trade and try to get approval for buying Leaps. If they do not approve then I would move the account somewhere else. But I would not move the account until I got prior approval to do options and leaps somewhere else. (Try Fidelity, or Schwab)

I will think of a strategy for covered calls. I have to check some numbers before I give you the exact details on what I would do.

I'm glad that you asked about a strategy because most of my option postings draw almost no response. Or maybe just a big yawn.

I will put up a posting tomorrow concerning your situation. I would like my responses to be specific (price, time etc) so that it is more usable by the thread followers.

Thanks, Jerome
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