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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (665)2/7/1998 3:49:00 AM
From: ----------  Read Replies (1) | Respond to of 2241
 
Sam:

Not trying to butt in on Patriot, but you only give 1/3 of the puzzle.
We need 2 sides to figure the 3rd. The missing part is your cost.

For example: If I bought Compaq at $35 3/4, I could sell the
the March 30 call for 5 1/2. That is not good. I'm assuring myself
of losing money if the stock is called away.

Instead, I could sell the March 37 1/2 call for 1 1/8. Now, I make
money if it is called away.

Doug