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Technology Stocks : DELL Bear Thread
DELL 122.55+4.4%3:59 PM EST
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To: jjs_ynot who wrote (919)5/29/1998 6:50:00 PM
From: Bilow  Read Replies (1) of 2578
 
Hi dave_s; I regularly get whipped playing
options, so I've sworn them off.

Basically the spreads are too large to make
money.

Interestingly, the action of selling a covered
call gives an equivalent position to selling
an uncovered put, but with larger commissions.
Thus it is not as efficient as the uncovered
short put position, except possibly for taxes...

In any case, you have these horrible spreads
to deal with in options.

Best of luck,

-- Carl
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