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To: w0z who wrote (2350)12/28/1999 6:29:00 PM
From: Ian@SI  Respond to of 3661
 
Bill,

You're a lucky man. Your hope came true. So far, I've never sold a MTSN Call.

I once sold 20 SVGI 15s when the stock was trading near $17 hoping to make an extra 1/2 a buck on the sale. Stock fell to 11 prior to expiry; so I got to keep the shares :-( and the premium. :-) That was my one and only venture into covered calls.

I think I'll stick with selling PUTs for companies that I like enough to own more of at the Strike sold.

Happy new year,
Ian.



To: w0z who wrote (2350)12/28/1999 6:56:00 PM
From: John Stewart  Read Replies (1) | Respond to of 3661
 
So Bill, did you call them in? Or take the short term profits?