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To: Len who wrote (7071)3/12/2000 5:05:00 PM
From: Clappy  Read Replies (2) | Respond to of 35685
 
Too good to be true???

It's amazin' ain't it...

What I'm wondering:
Can a person who uses margin to double their position in ELON,
turn around and write calls for approx. 40% (20% + 20%) income?
(Is that a 1/2 naked covered call? Is there such a thing?)

Is that too good to be true???



To: Len who wrote (7071)3/12/2000 5:43:00 PM
From: Dealer  Read Replies (1) | Respond to of 35685
 
<<Too good to be true???>>

But it is true......One of these days someone is going to pinch us, wake us up and it will all be over!!!!! NOT!

"Welcome to the Good Life!"

dealer


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