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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Dr. David Gleitman who wrote (3997)6/30/2000 9:31:36 PM
From: Keith A Walker  Read Replies (2) | Respond to of 6531
 
Sorry David...what you are experiencing, having sold covered calls on BRCM, and feeling a little sick about it - by the way take two Tylenol and e-mail me in the morning - is why I rarely sell covered calls. A suggestion: perhaps you could get back into your position by selling some Aug 200, 210 or 220 naked puts with a bit of premium and hope for the stock to level off. If BRCM just keeps rolling higher at least you made money on the puts. Or, swallow your pride and buy the stock first thing Monday morning.

Cheers, Keith