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


To: Paul M. Rengier who wrote (33695)2/6/1998 12:16:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
Glenn, simply, selling naked puts is a bullish move, while you expect ASND going down
short time. Selling the shares could make your gains taxable.


Paul,

The premium in the call is taxable. No difference.

Glenn



To: Paul M. Rengier who wrote (33695)2/6/1998 12:20:00 PM
From: Duke  Read Replies (1) | Respond to of 61433
 
Paul, If I'm holding 5K, can I write cover call for Mar. 40 to get some premium or what is your suggestion?

Thanks

Duke.