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 : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: joe smith who wrote (20282)	2/6/1998 9:03:00 AM
From: Jay Mowery	Read Replies (1) \| Respond to of 36349

joe, For sure on writing calls when I'm in positive territory! That's when it's fun! It's a win win. I just write them above my basis. You gotta figure even if you think you'll lose the shares at that point you can buy more shares and sell call options on them as soon as they're bought. You sell the calls above your basis every time. What I did with selling the puts was insure I'd have shares. As it turns out I'll make money on them too. Had those puts been exercised and I ended up with the shares they still would have decreased my basis to about 27 1/2. I gotta tell you some of this stuff was an accident! It did help me realize though, there are a lot more ways to make money than on the stock itself! Have a Great Day joe, Jay PS. Hope this makes sense.