Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: Trey McAtee who wrote (16692)	7/18/1999 10:32:00 PM
From: schlep	Read Replies (1) \| Respond to of 21342

Trey, would you mind giving a quick lesson regarding your post? still have some of the position, but i am trading out of common and into calls (i have been a net buyer of 10s, seller of 5s and 7.5s). if it does go up, i will profit with a hell of a lot less capital at risk. if it doesnt, i still have a decent profit, and i can snowball with more shares at a lower price. Would you mind explaining if you are selling covered calls or going naked? If naked, does that mean you are taking a total short position? It appears that they are covered to profit should stock stay or drop below strikes, or profit if run above 10. thanks in advance. schlep