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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Herm who wrote (4058)8/21/1997 2:48:00 PM
From: Sal Milani   of 14162
 
Since it looks like ROST is near a bottom, I am thinking of
buying the Sept 30 calls, selling the Sept 30 puts and buying
the Sept 25 puts. The Sept 30 puts should bring in enough cash
to pay for the rest and the Sept 25 puts will give me down side
protection. What do you think??
Sal
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