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Technology Stocks : Micron Sucks! :-) -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (1680)3/13/1998 11:13:00 AM
From: yard_man  Respond to of 3244
 
That poor guy trying to scrape up some dough writing covered calls against his position -- what if CPQ makes a temporary spike up and his shares get called away. His loss is locked in. If the stock continues to drop -- he can't sell while he is short the calls but the broker might for him. I wonder how many folks have been burnt listening to some of the rubbish. I guess it's not any worse than some of the folks on TV ...