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To: Dr. Id who wrote (7743)5/8/2000 5:43:00 PM
From: Tom K.  Read Replies (1) | Respond to of 8096
 
... I've tried to sell calls on stocks that I wouldn't mind selling at a certain price, only to have the stock run up and having to buy the call back at a loss...

JDB, you've piqued my interest.

On these stock run ups, why didn't you opt to buy the stock as it approached the strike and then let it get called? I'm trying to learn. Thanks.

Tom



To: Dr. Id who wrote (7743)5/9/2000 10:38:00 AM
From: Jeffry K. Smith  Respond to of 8096
 
Thanks JDB - except for buying the calls back I've sold - which I don't do unless I can get a good ROR from their sale, your strategies sound a lot like mine.

Naked calls have created too much stress for me, so I usually go the short put route too.

Best,
Jeff Smith