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To: sea_biscuit who wrote (21082)8/1/2001 9:23:15 PM
From: BWAC  Respond to of 24042
 
<banks, car dealers, corporations lend money at 5% or 6% then?> Don't think that is guaranteed either. Underlying asset can lose value, consumer could go bankrupt, car could be driven over cliff, house could be condemmed.

<And that 15% is guaranteed, of course?> Nope. Only guarantee is you are protected down to $5 per share. Buy a Put if it worries you beyond that point. Or close the first Call out for a profit and sell a lower one after the price falls.