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Technology Stocks : Full Disclosure Trading

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To: Gottfried who wrote (10359)10/27/2005 1:36:26 PM
From: Sam Citron  Read Replies (3) of 13403
 
SYNA SO 2 SYNA DEC05 22.5 COVERED CALL Option QYGLX 1.50
It certainly is volatile. I am gradually building a covered write call position against my long stock position, but I am writing 22.5 and 25 calls, not 20s. I believe you have a somewhat lower cost basis in your long shares, however.

Sam
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