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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: rudedog who wrote (137481)	6/16/2001 6:21:49 PM
From: jackrabbit	Read Replies (2) \| Respond to of 186894

Rudedog, Elmer et al. I have also used covered calls occasionally and made some money. I agree with you that bad positions can usually be repaired. I have never gotten into a regular routine of selling CCs and would like to do so. Approximately how far out in time is your typical expiration, and how much out-of-the-money is your typical strike price? Or do you choose your option by another measure, such as % premium? For example, say you had written some June calls that just expired worthless. Would you write new calls on INTC now, or wait for a move up in the stock first? If you wrote now, what strike and expiration would you choose? I would appreciate hearing your thoughts. Regards, jackrabbit