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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: axp who wrote (14491)1/22/2001 2:02:37 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Hi axp, Yes and no. You were looking for alternatives to AIM - by the book and I was giving you an idea. If you want to "let it ride" as you were talking about, then selling calls in advance keeps the shares in your account longer. If they get called away, you've enhanced the profit on the trade. If they don't, it's usually only 2% or 3% of your account's value, so is not that big a deal.

Were you able to determine from your broker whether you can place a "stop order" for just a portion of your account?

Best regards, Tom