TOM:
you are absolutely right. Hey, october 55's at that premium, not bad. The one problem, I have is that I tend to spend the premium, I had to to pay off things while my shipmate (wife) was in between jobs, but now that her she is sailing her own ship, I can start reinvesting or go buy myself the "Adams tight lie fairway wood" I want.
That is the one problem about writing calls so far out. Although covered calls aren't exciting until the last day of the contract anyways, I find that writing them out 7 months away would kill me.
quick question: do you use online broker or full service??? I heard thru the grape vine that morgan stanley analyst thinks intel will meet or beat their earnings in this time of tech pessimism, that should bring up VTSS, TXN, MXIM, MOT a bit.
"money in the mattress = buried treasure"
what are your thoughts on the Y2K, are you going to go to cash position or hold your stakes????
columbus |
