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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (1105)	2/9/2008 7:00:36 PM
From: Debt Free	Read Replies (1) \| Respond to of 34328

Steve One thing that I have done in the past with decent success is on stocks that I own is too buy deep in the money LEAP call options, and then sell closer term out of the money calls against the stock that I own. Here is how I am currently doing this with INTC Current stock price $20.27 Bought Jan 2010 - strike price $15.00 $7.00 time premium ($15 + $7 - $20.27) $1.73 I then sold against the stock that I currently own the following Sold Mar 2008 - strike price $21.00 0.69 time premium ($21 + $0.69 - $20.00) $1.69 It is my belief that this gives me tremendous opportunity to profit in numerous ways and numerous times over the life of the LEAP