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To: craig crawford who wrote (83895)11/10/1999 3:51:00 PM
From: McNabb Brothers  Respond to of 164684
 
Do you ever sell short? If so then selling naked calls especially out of the money calls is no different! In fact it's really better since you are picking up time value with the option! If they go above my strike price and I still feel it will drop I will go short the stock if one calls the stock from me!

Hank



To: craig crawford who wrote (83895)11/10/1999 4:02:00 PM
From: fedhead  Respond to of 164684
 
Totally agree with you. Risk/Reward ratio is unfavourable.

Anindo