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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: CatLady who wrote (5550)	12/17/1999 9:26:00 PM
From: Mike M	Respond to of 10293

Gosh, then I guess this approach: Already way ahead of you. I've hedged chunks of many of my long positions by selling covered calls. wasn't that clever....

To: CatLady who wrote (5550)	12/17/1999 10:20:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 10293

I've always liked NVLS (started buying last October in the 20s). Message 5929835 ...and bought a lot more earlier this year. I thought earnings would be excellent, but I was completely surprised by the 3 for 1 stock split. As far as the covered call hedge, I am covered on roughly 35% of my NVLS position with Jan. 95 and 100 calls - since I planned to let some stock go when it hit 100. Here's some more wisdom from "Mike M": Message 12190541 Message 12221711 Gain on my original NVLS position...roughly 300% (so far). Wasn't that clever....