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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Jeffry K. Smith who wrote (8159)	3/20/2000 2:16:00 AM
From: Dr. David Gleitman	Read Replies (1) \| Respond to of 35685

Good Morning Jeffry: With stock of lower volatility such as AOL (memories...), I used to sell cc OOTM just to grab a point or two about 1-2 weeks before options expiration. With stock of greater volatility such as JDSU, JNPR, BRCM, I have found that selling cc way OOTM can come back and bite your butt even 4 days prior to options expiration (meaning a sudden jump in valuation (good news/bad news)). Just as long as you don't mind being taken out (or are willing to roll them). David