Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: James A. Shankland who wrote (23532)	11/15/1997
From: Carmine Cammarosano	Read Replies (1) \| Respond to of 61433

I like making money by selling calls on a stock AFTER it has had a big run, believing that a stock doesn't go up forever and undergoes "consolidation" for a while...and therefore, if a stock has gone up 100% over a short peroid of time and you still like the stock but believe it has gotten a little ahead of itself, then selling covered calls, one or two months out, has been my approach...if you change you mine and see that the stock will be taken from you, then you can alway roll the contracts up and out...this technique has worked for me very well...