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To: Sully- who wrote (29495)8/18/2000 5:10:39 PM
From: im a survivor  Read Replies (2) | Respond to of 35685
 
<<I believe that Volty says that you should sit on it until expiration & roll up & out then if it remains above your strike price.>>

Again..that depends on if you want to play the casino. Yes, if your intent on holding the stock, wait right til expiration and then roll up, however the stress free thing to do is sinply let the stock get called. Buy it back if you want, but simply let the stock get called. More then likely, you will be able to buy it back on a dip, and even if you pay more, you are getting a higher premium. The ticket is the stress free use of the stock as a vehicle. I sat and let my rmbs and rnwk get called today ( wish my damn qcom would have, but I aint that lucky )and I love both stocks. Bottom line is I deceided I am not chasing shit or playing the casino when it comes to CC writing. I will buy them back if I want and write again, but I will let the stock get called and preserve the original premium and/or profit by getting called.

keith@aintnobodylisteningtomeanyway,atleasttheybetternot!!.com