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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (8511)9/10/1998 9:35:00 PM
From: David L. Hoevener  Read Replies (1) of 14162
 
Herm,
Did CATP hold up better than expected today? Has your opinion of the direction for this stock changed? The OCT 25 puts have a very good premium. Would you suggest selling the puts against an existing short position? If selling the puts is a good idea, does it make sense to use the proceeds from the put sale to buy OCT 25 calls and sell OCT 30 calls for an upside spread?
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