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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (63264)	6/25/1999 5:40:00 PM
From: Mauricio Breternitz	Read Replies (1) \| Respond to of 132070

question- writing calls against employee stock options For Michael or the knowledgeable folks out there - my employer has granted me some stock options valid for the next couple years. I'm not interested in exercising those immediately. Instead, I'd like to take advantage of the time value of those as such: - write calls (which appear to be "naked" to the broker) - in case I'm assigned, exercise my options to deliver the stock How do I go about implementing this idea ? I'm concerned with: - turn-around time between when I'm assigned on my "naked" calls and the time to get my employer's options - how to get approved to write those "naked" calls or even alternatively - is it possible to have those employee options deposited somewhere and write the calls against them ? thanks regards Mauricio ~ PS: I have asked pretty much the same question in another board before I found this. I intend to cross-post the answers. thanx