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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Carlyle who wrote (27563)10/31/1997 1:43:00 PM
From: Tom Trader  Read Replies (1) | Respond to of 58727
 
Carlyle--I think it would avoid misunderstanding if you could cite exactly what it is that you are thinking of doing--# of calls that you want to sell, strike, month, premiums, objective etc. Otherwise we may be working under different assumptions.

>>I recently sold Jan 50 covered calls and am now thinking about buying them back<<

For example you say that you sold 50 "covered calls" -- yet you own 2250 shares--so some are obviously not covered.



To: Carlyle who wrote (27563)10/31/1997 1:49:00 PM
From: j g cordes  Read Replies (1) | Respond to of 58727
 
Carlyle, I'll help you with your WDC... and keep you out of another INTC debacle. What's your cost basis on the shares? How long have you had them and did you purchase them to hold forever or to get rich quick? Pertinent questions.


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