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Technology Stocks : Intuit -- What's Its Future? -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (1154)	4/18/1998 5:46:00 PM
From: Kevin G	Read Replies (2) \| Respond to of 1546

If you roll (just the profits) from the common to the calls You must be sure the stock is heading up, otherwise You could lose 100% of the trade on a 10% pull-back of the common. When You roll the profits of an option trade to the common and the stock pulls back 10%, all You lose is 10% of your original profit. I use Both Techniques to adjust my risk/return ratio to my pleasure/pain threshold. Check out "IFLY". I bought more this week - looks like They are on the way to becoming the AMZN of travel. Good luck, Kevin G