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Technology Stocks : Network Solutions (NSOL)
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To: Caroline who wrote (1186)6/5/1999 12:05:00 PM
From: Mike Gordon  Read Replies (1) of 1377
 
Caroline: Thanks for your response. Your net loss should be neutralized assuming you continue to write calls and those calls maintain their rich premiums. Many on this thread could manage their losses on NSOL and others if they recognized covered call options as a safety net.

I purchased NSOL for a quick gain without doing the proper research. A quick scan of the open interest in puts compared to open interest calls would have revealed a downward trend.

Additionally, if NSOL finds support at 50, manipulation of the 55/60 calls could result in some nice gains.
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