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To: Clappy who wrote (7080)3/12/2000 5:19:00 PM
From: Len  Read Replies (2) | Respond to of 35685
 
Clap,
My plan tomorrow is to buy ELON shares 100% on margin and then write calls against the shares.

WOW!!! Of course, if ELON catches fire ( as it well might) I will be complaining of losing the potenetial capital gain. I guess I want it both ways.

Len



To: Clappy who wrote (7080)3/12/2000 5:58:00 PM
From: Dealer  Read Replies (1) | Respond to of 35685
 
Yes! Clappy you can.................it is writing covered calls not naked....git yo; mind out of the gutter and write them calls.

not to good to be true........it is true. Then take the call money and buy more ELON then write mo calls then!! I'm getting dizzy.... watch your margin.........Hee! Hee!

"Welcome to the Good Life"

dealer