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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (11208)7/17/1999 11:56:00 AM
From: Shell R. Poust  Read Replies (1) | Respond to of 14162
 
Herm, Perhaps I am not following you about IFMX Leaps method. If one
pays $6.50 for the Jan02 5s; why not buy IFMX on margin (4.75 per share cost) and write the Aug calls for .75 ea. Return of about 15%
for one month less comm and interest. Or did I miss something?