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Technology Stocks : Ascend Communications (ASND)
ASND 212.29-2.2%Nov 19 3:59 PM EST

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To: Harold S. who wrote (24530)11/24/1997 1:11:00 PM
From: hpeace  Read Replies (2) of 61433
 
YOu will have to bide time on asnd til they announce earnings.
here's how to put money in your pocket..
sell covered calls on either calls you own..
even if you own a march 30 call..
you can sell a dec 25 call when it rallies to 25+..
you can also sell covered calls if you own stk
and sell dec 25 calls on a naked put you may have sold.
another strategy on a naked put repair is /
buy the naked put back on asnd and sell the naked put on another stk like cpq or dell or klic or smod...
but, wait til tuesday on dell or cpq move.
good luck
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