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Microcap & Penny Stocks : ABTX - Agribiotech
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To: HRAKA who wrote (7508)2/25/1999 4:43:00 PM
From: taxman  Read Replies (1) of 8359
 
"My Suggestion would be to look into selling [covered] calls"

i respectfully disagree.

this puts a limit on the upside with only limited downside protection.

if you're nervous, buy the put. still have unlimited upside and you're protected on the downside.

the premium may seem high in absolute dollars but it's not on a relative basis because this stock is very volatile.

regards
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