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To: Andreas who wrote (22586)3/19/1998 12:34:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 97611
 
The plan will work, but you still run a risk of getting called
below your stock cost. Any time those options go in the money
they could get called, and you will have to buy back the first
call before you can sell the next one , it'l work but it's tricky
and then there is commissions. But yes short term profits added
together is more than the long term one. Just more hassel and such, may be good for you, but if I go to sea I can't deal with it.
You have to be able to watch things closer and at times I can't do taht. :-)
Jim