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Technology Stocks : Lucent Technologies (LU)
LU 2.650-2.9%Nov 14 3:59 PM EST

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To: X Y Zebra who wrote (7841)5/10/1999 11:56:00 PM
From: E. Davies  Read Replies (1) of 21876
 
I do not prefer naked calls or puts...
No need to expose oneself to risk unnecessarily

Selling naked puts is one of the safest option strategies. It is functionally equivilant to selling covered calls.
I'd say selling LU 55 puts is not a bad plan, though I dont personally sell LU puts because I'd rather just own the stock. I feel it has too much upside potential to waste the buying power on a limited return.
Eric
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