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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Dowjoe who wrote (1526)1/11/1999 9:23:00 AM
From: Vegas  Read Replies (3) of 5843
 
what about your covered call - if it explodes to 100 ??

I decided against the covered call right now. Partly because there were no calls with strike prices above $50, probably because it moved up so fast and furious. Also I just think there is too much possibility that we will have a HUGE move upwards ($100+ no kidding) soon.

However, had I wrote a cc, I would look at "rolling up" to a higher strike price. I would buy back by my cc (at a loss) but then sell it again at a higher strike price or further out to increase the value and make back the $$$.

JF
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