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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.75-0.5%Nov 11 3:59 PM EST
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To: Jerome who wrote (64359)8/6/2003 10:10:44 AM
From: BWAC  Read Replies (1) of 77397
 
So if you put up $18,000 to buy 1000 CSCO and managed to sell Covered Calls 4 times a year at 60 cents each time, at one strike price above your purchase point. That would be $2,400 in premiums on your initial $18,000 risk. Or 13% potential return. Not bad. As long as CSCO can be sold for at least 18 sometime in the future.
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