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To: McNabb Brothers who wrote (25792)	12/19/1997 12:43:00 PM
From: hpeace	Respond to of 176387

mcnabb, please read mcmillain,,, becasue the stk can fall to zero and that's you liability thn naked put is safer than naked calls... but, I think that creating the bull put spread and the bear call spread is the best thing to do.....I'm not knocking selling calls... I'm knocking you for not buying the upstrike calls. Don't argue with me..argue with Mcmillan. you say you have the books and have read them... so what page is the risk/reward outlined on naked call writing... give me the page.