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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: upanddown who wrote (18488)4/8/1998 5:20:00 PM
From: drsvelte  Read Replies (1) of 95453
 
John:

A useful CC tool (Excel spreadsheet) can be downloaded here:

cboe.com

Just plug in the numbers and it will calculate rates of return.

Since the spreads are often pretty significant, I have had some success in splitting the bid/ask or going a teenie below the current ask. I hardly ever sell at the bid.

PS Another great options site:

webbindustries.com
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