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To: ild who wrote (127365)	10/4/2001 2:05:28 PM
From: NOW	Respond to of 436258

nice move IMO. I'm watching ACF for re-entry. 38-39 ish... imo

To: ild who wrote (127365)	10/4/2001 2:14:33 PM
From: rolatzi	Read Replies (1) \| Respond to of 436258

IMHO there is better value in selling naked December 50 COF Calls. You get most of the premium as the March Calls and they decay more rapidly. You can reload in December on the March Calls and get additional premium at that time. When I sell calls or puts, I don't go out more than 3 months because I like to take advantage of the time decay. Rolatzi