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Technology Stocks : Ascend Communications (ASND)
ASND 211.05-0.7%Dec 1 3:59 PM EST
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To: Peter Yang who wrote (40134)3/19/1998 5:37:00 PM
From: Barron Von Hymen   of 61433
 
I agree with you. Covered calls strategy is overhyped. You're absolutely right, covered calls provide very little protection if your stock plummetts. Also when they get exercised, you pay more commission, plus the cost of the spread on the options when you buy them.
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