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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: stock bull who wrote (50836)3/31/2001 3:52:57 PM
From: Robert T. Quasius  Respond to of 77400
 
I think CSCO may fall a little bit more, but not by much.

As for the Puts I write, one other trick I have is to roll them over if it looks like I will be called and if I don't want the stock. Let's say the CSCO puts look like they will be assigned. I can buy them back at a loss, then turn around and sell puts at the same strike but later expiration.

Realistically, though, I can't see CSCO selling for less than $15 by Jan '03 when the puts I wrote expire.


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