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Technology Stocks : America On-Line: will it survive ...?
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To: CLAUDE JOHNSON who wrote (4028)7/17/1997 7:36:00 PM
From: Nasty P   of 13594
 
Claude,

I don't really understand your logic. You are <Still holding firm that we won't see $75>, and then you sell Jan 90 calls?

Why in the world would u sell 90 calls if u think it won't rise over $75? If I were you, I'd be looking at 70 and 75 calls (actually 60 looks even better). Also, why are you going out to Jan for only $5.

Well...maybe I'm missing smth, but...I don't think it's efficient use of capital.

Good luck to you.
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