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Non-Tech : Invest / LTD
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To: Thean who wrote (7495)2/18/1999 11:46:00 PM
From: Peter V  Read Replies (1) of 14427
 
<<But for Pete's sake, I really hope RIG can rally a bit. >>

Nice pun, and I appreciate the sentiment. We will see about RIG. I was set to buy more in the 20's, and I haven't bet the farm yet, but I wish they sold RIG LEAPS. August calls are a little too close in for my taste, given the potential for this oil glut to drag on. I've never written options, but I'll consider your strategy. I guess puts are safer than calls, if you don't mind owning the stock.
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