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To: mishedlo who wrote (9633)2/15/2001 7:24:33 PM
From: bobkansas  Respond to of 10876
 
what i mean is as follows:
put in a order to buy a stock if price reaches a certain higher than strike price value. I keep enough cash available to do that. them sell a call. if the stock never reaches my order price AND does not stay at at least the strike price or more at expiration i keep the premium paid. this is what i meant.