SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Novell (NOVL) dirt cheap, good buy?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ghassan I. Ghandour who wrote (22835)6/22/1998 11:56:00 AM
From: Spartex  Read Replies (1) of 42771
 
Ghassan:

While many NOVL owners in 1997 could have made a tidy sum selling covered calls at the 10 strike for quite a few months, I don't think that strategy would be a good one in 1998, as eventually one will have to depart with their shares, or buy the calls back at a higher price.

Nonetheless, I trade with Schwab too, and didn't realize they let you hold onto the shares when the stock is even up to 1/2 into the money. Thats interesting news, and gives you that added protection, as in the June 12.5 calls.

Regards,

QuadK
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News