Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Tao who wrote (9613)	6/3/1998 4:56:00 PM
From: McNabb Brothers	Read Replies (2) of 18691

Just sell the call option on the stock and hope that it stays below the strike price and if it does you will pick up the premium you received when you sold it! The reason they call them naked calls is because one does not have any shares long in his or her account! An example I sold the Aug. 45's a few weeks ago for $4 and change and now they are selling for less than $1 3/4! Hope this helps! Hank

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