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To: Jan Crawley who wrote (70566)7/29/1999 3:15:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
Glenn, for Ebay, I have pending orders(for the past three wks) to write 2 Oct90 puts for
$12 and 2 Jan110 for $35. Would like to get 200 ebay via the Oct puts and just premiums
for the Jan110.


Jan,

Sounds like a nice play. I sure wish I could learn your day trading technique. I am very impressed.

So it's PASSIVE and don't know if it will work and I have similar traps for AOL.

I have been doing a lot of covered call which is a syntheic naked put but psychologically, I keep the strike above the strike of the put I would write giving me more upside.

Glenn