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To: Lizzie Tudor who wrote (3765)	12/7/1997 12:45:00 AM
From: Kid Rock	Respond to of 19080

I usually place my trades for the day right after a morning shower. ergo, I'm always trading naked !!

To: Lizzie Tudor who wrote (3765)	12/7/1997 4:45:00 PM
From: Trader Dave	Read Replies (1) \| Respond to of 19080

I'm not an options expert, I'm working on them as a portfolio hedge. But i was noting the risk of writing (selling) naked calls. Infinite risk, limited upside. I just like the idea of writing covered calls - the only risk is it can force you to sell a position you like for the long term. In names i really like long term, I either don't write calls against the whole thing or I use different strike prices. i also wait until an up day in the stock to write the calls, they're easier to sell then. TD