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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%3:59 PM EST
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To: Paul M. Rengier who wrote (33692)2/6/1998 12:06:00 PM
From: Glenn D. Rudolph  Read Replies (1) of 61433
 

So don't sell naked puts now, sell them after the options expiration date . But its a good
move to sell covered calls now. The feb. 30 looks juicy.

Paul,

You have me confused. Why not sell your shares and write Feb 30 naked puts instead of selling covered calls at a strike of 30? That would be a better use of your capital.

Glenn
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