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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (23527)11/4/1999 10:23:00 AM
From: Darryl Olson  Respond to of 25960
 
Applied Materials upgraded by Needham & Co, from Hold to Buy.



To: orkrious who wrote (23527)11/4/1999 7:30:00 PM
From: Jerome  Respond to of 25960
 
Jay, No. I will be called out of some Nov. 35 and some NOV 40's. For me every month is another challenge. I'll buy stocks that I don't own, and write covered calls on those with the best premiums one month out. Its just a matter of doing the math. For Dec. calls I will wait till the Oct. BTB is released about the 21st of this month. Since we are in an up trending market in the semi-stocks getting called out is a plus, because it means maximum gains, from the start of the month. Others see it differently, but that's what makes a market.

Jerome



To: orkrious who wrote (23527)11/8/1999 7:16:00 PM
From: Darryl Olson  Read Replies (1) | Respond to of 25960
 
OT - Options Tax Question

When writing a covered call, are the proceeds from the call treated as ordinary income? Where does this get reported?