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Technology Stocks : Oak Technology (OAKT)
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To: AreWeThereYet who wrote (4037)5/6/1998 12:47:00 PM
From: Bald Eagle   of 4335
 
Each to his own. Usually, I don't sell longer term calls like the ones I sold on OAKT. I like to sell either the current month or at most the next month. This has been working very well for me since I started. Making 5 to 10% a month on most trades is quite acceptable to me. Actually, it helps to discipline my selling at a profit. Too many times, I've seen a paper profit disappear because I didn't sell soon enough. This way, I am FORCED TO SELL AT A PROFIT when my stocks rise. Admittedly, I may not sell at the maximum profit possible, but who does? Anyway, good luck in whatever you do. There's lots of ways to make money, not just one.
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