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To: mishedlo who wrote (38832)3/24/2000 7:50:00 AM
From: McNabb Brothers  Respond to of 93625
 
mishedlo,

I will take a 275% return on my money any day, week, month, or year that I can and will not complain! I have been selling naked calls and puts for almost 9 years now and doing very well, so I've already have my own gorilla, but thanks for your advise.

One thing I do not like about your trade is having to pay for the option, for I like my account to be credited not debited! Also how do you buy a call for less premium than were the stock is trading? Looks like you are buying it for $3900 hundred and selling the stock for $4000! You may need to redue your math or go back and read the book again!

Hank