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

To: ---------- who wrote (687)2/13/1998 8:14:00 PM
From: Thai C. Nguyen  Read Replies (2) | Respond to of 2241
 
New to the thread,
I have a couple of questions for you. If I own 2000 shares of PAIR and want to sell cover calls for them, do I sell 20 calls to open in my eschwab account? I have traded calls many times but never venture to cover calls and puts. I figure the stock won't go anywhere until april or may time frame and just want to lower my cost down from $17.50. Am I on the right track?


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