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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: eik who wrote (39106)4/18/2001 11:38:42 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Sell the covered calls outside the money on all of them, say 20% out for each stock, take the money and buy the puts at 1245-55 for 1180 level on SPX.. don't sell anything so far, we shall let it run, if market has to come down I will use my puts money to buy more..