Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 208.59

+4.1%

Dec 4 3:59 PM EST

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To: Duke who wrote (33698)	2/6/1998 2:13:00 PM
From: Paul M. Rengier	Read Replies (1) of 61433

Paul, If I'm holding 5K, can I write cover call for Mar. 40 to get some premium or what is your suggestion? Duke, these are my suggestions. The Feb 35 is relatively safe, while with the march 30 you have the risk of beeing called, with a nut below the price today. I wrote QQACF btw. But its in no way safe. I don't know your risk profile, but if it is average, play it safe and get a little money. DESCRIPTION LAST BID ASK CHG HIGH LOW VOL OI SYM C FEB98 35.0 5/8 9/16 5/8 +1/16 3/4 1/2 2418 10291 QQABG C MAR98 30.0 4 1/2 4 1/2 4 3/4 +1/4 4 5/8 4 1/4 328 10273 QQACF Hope that helps. Paul

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