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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?

To: Ghassan I. Ghandour who wrote (10167)4/25/1998 9:37:00 PM
From: Paul Corbett  Read Replies (1) | Respond to of 10836
 
Ghassan,

have thought of writing calls a few times but I guess you have to pick a strike price out of the market in which case the premium is not much. for example with BORL you could write $10 or $15 calls. If the price goes over $10 you lose your stock (and have to pay a commission). It is unlikely to go to $15 so you get the premium but it is peanuts. If you were to write calls with BORL what series would you be looking at ?


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