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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: horsegirl48 who wrote (36716)6/4/2002 12:47:01 PM
From: Lee Lichterman III  Read Replies (1) of 52237
 
I have no idea what type of account she has or her experience but if she would settle for a $20 exit, I would have her sell calls short at that strike to at least add a little to her bottom line but it does take some experience and know how to roll up and down depending on what it does from here on out. She can get .65 right now for June 20s and 1.65 for July strikes. If it climbs up to over 20 by July, she could always roll up if it is quite a bit higher or if enough time has passed to roll up and out to August strikes.

It is tough to give advise though without knowing her and what her experience at this is.

NASDAQ falling, have to go.

Good Luck,

Lee
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