How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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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 (6652)	2/5/1998 5:04:00 AM
From: Paul Davies	Read Replies (1) of 14162

Hi Herm et al, Greetings from the Land Downunder! Decided to take the plunge . BTW BORL is going nicely, bottomed out and going up also, just wish my soon-to-be ex-broker would let me trade. I have been having an off-line discussion with Herm re my BORL stock and I now have a problem that I hope someone can help with. I purchased my stock through DLJ Corporate Services when I worked for Open Environment Corp prior to the "merger" with Borland. My NUT is about $10.32 for the BORL acquired in the stock swap. I want to write some CCs and buy some long calls (per Doug's recovery spreadsheet and Herm's guidance) but DLJ CS says they want out of the "foreign investor" market. DLJ Direct won't let me open an account because I am not a US resident. Does anyone know of a broker who will deal with me? By the way Doug, your Slick Option Page and Neato Stock Charts are awesome!! I try to avoid programming and have done some minimal web development but your site blows me away!! Best Regards Paul

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