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Technology Stocks : Apple Inc.
AAPL 266.38-0.8%Nov 20 3:59 PM EST

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To: Patrice Gigahurtz who wrote (7777)1/16/1998 2:52:00 AM
From: Dr. Id  Read Replies (1) of 213173
 
<<Could it wait 'till next week as I sold Jan20 covered calls on my AAPL stock?>>


Patrice,
I unfortunately sold Jan 17.50 calls last month, and had to buy them back today at twice the price. However, to break about even I sold April 25's with the idea that Apple may stay in the low 20's for a while (and I wouldn't feel that bad about getting out at 25 in 3 months if it worked out that way...)

JB
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