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To: Jean M. Gauthier who wrote (5287)3/20/2000 2:10:00 PM
From: garyx  Read Replies (2) | Respond to of 8096
 
Schwab won't approve me to sell calls...

Any advice on what to do? Or brokers that are more willing to do that?

Thanks...

G



To: Jean M. Gauthier who wrote (5287)3/20/2000 4:33:00 PM
From: edamo  Respond to of 8096
 
jean...dell and others..

are the 0150 and 60's you have puts or calls? long or short?

dell short puts would hold...i sold over a year ago and prem down about 60%. long calls would hold, but ask what did you pay...dell as i posted on 3/3 with the stock at 45, began a momentum formation not seen since late 98....should near 60, before a minor retrace......you may want to consider setting up a spread against your long calls...lock in profit..