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Technology Stocks : Ascend Communications (ASND)
ASND 209.76-1.2%2:55 PM EST

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To: Jurgen who wrote (36675)2/27/1998 1:12:00 PM
From: Gary Korn  Read Replies (2) of 61433
 
J&#252rgen,

I'm finding that, by writing puts (Glenn Rudolph is da man on these), I can better keep the early profitization disease under control.

That is because (1) the fact that I can take in premium gives me more of a buffer, allowing me to ride the stock more and (2) the things expire after 4 weeks, at which point I can just write more. I'm really enjoying seeing those "Expired" notices on my FIDO account for the options that lapse.

Gary Korn
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