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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?

To: TigerPaw who wrote (1763)	12/31/1999 2:21:00 PM
From: Madpinto	Respond to of 2241

One thing you could consider is selling a six month out call on the 40 or 45 strike. Since you believe the stock will not go much above $45 anyway and you plan to sell the calls in six months, you would bring in additional money by selling those calls. If the stock goes down, you will have made more money than if you did nothing, but you give away the potential for a big score in the event of a big move up. Good Luck.

To: TigerPaw who wrote (1763)	1/1/2000 10:15:00 PM
From: Jerry Miller	Read Replies (1) \| Respond to of 2241

Tiger, 2001 is an eternity in these markets. you've got a double. i'd head for the door. hang around any longer, and there is bound to be some news, or some event that comes along to get its hand in your pocket. the shortest path to profitability in playing calls is knowing when, and having the discipline, to get out. and you'll never go broke getting out early. come April those '01s are going to start to act more like regular calls anyway, because the '03s will soon come due. i'd get down the road. gold is where you find it.