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Technology Stocks : WDC/Sandisk Corporation
WDC 236.33-2.9%Jan 23 3:59 PM EST
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To: Jill who wrote (25905)5/23/2004 11:55:05 AM
From: Art Bechhoefer  Read Replies (1) of 60323
 
Jill, anyone who sells covered calls must take into account both the price of the stock (whether it seems to be near a recent high) and tax or other consequences that might occur if the underlying shares were called away. Those factors limit the use of covered call sales but do not detract from the soundness of the strategy.

Art
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