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To: Jimbo who wrote (5085)3/15/2000 8:12:00 PM
From: Poet  Read Replies (1) | Respond to of 8096
 
Oooo, off the top of my head I'd choose having 'em put to you and selling cc's. Isn't CSCO splitting 2:1 soon?



To: Jimbo who wrote (5085)3/16/2000 8:22:00 AM
From: edamo  Read Replies (1) | Respond to of 8096
 
jimbo...csco mar130...

at a juncture, about ready to make an upside turn...if nimble wait till tomorrow, would not accept assignment...too much cash/margin used, especially when you can get the same prem for the apr 130 put and call...why take 11 against real cash outlay(assignment), when you can take 11 against capacity...less risk, greater return...



To: Jimbo who wrote (5085)3/16/2000 11:31:00 AM
From: DM  Read Replies (1) | Respond to of 8096
 
CSCO

selling CC if you rec 11 for them that brings your cost basis down to 119 per share. Stock splitting, plus the prem you received for selling the puts.

I'd take the stock and sell calls. My opinion only.
I am doing something similiar with TXN.

Good luck
Denise

Con would be if market keeps dropping.