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Politics : Idea Of The Day

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To: James Strauss who wrote (19759)	9/1/1998 2:30:00 PM
From: Riskmgmt	Read Replies (1) of 50167

Ike: I have to agree with Jenna your trading is way over my head. With the premiums and spreads on the options I think that one might be better just trading the stocks. I sold CC on most of my longs that I want to keep and so have not done badly but my accountant is going to cost me a fortune trying to figure all this out.<ggg> I have been selling cc on Cisco since it hit $105 and have made money on that but my stock is down and when I figure it all out I wonder if I would have done better selling the stock and buying it back and paying the taxes on the gain. Certainly easier to understand. Good luck, Ray

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