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To: Normandi who wrote (7732)4/12/2001 10:28:12 AM
From: BDR  Read Replies (1) | Respond to of 10934
 
<<Wish I could write with you. I still am underwater on 5k shares at 78.>>

Perhaps I misunderstand your post, but why does your entry price determine whether or not you write calls against your position? I am underwater on most stocks in my portfolio and selling calls just helps to offset those paper losses.