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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%3:59 PM EST
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To: Elroy who wrote (64356)8/6/2003 9:35:42 AM
From: Jerome  Read Replies (2) of 77397
 
>>>just don't understand what you are trying to say.<<<

What I'm saying is that IF CSCO is trading at 16 in September you could then write the 20's for Dec. or Jan.
for somewhere between .10 and .30 per share. So even if the shares are under water at that point in time CSCO as a cc write would still be profitable. CSCO is a volatile stock and a decent choice for a covered call.
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