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


To: Ghassan I. Ghandour who wrote (10173)4/26/1998 6:45:00 PM
From: Ghassan I. Ghandour  Read Replies (1) | Respond to of 10836
 
Paul - Lately I have also been selling the puts at 10 as there is no premium in the 7 1/2. During the last run I had both calls and puts at 10 written on my core position (the trading position - I just trade) and the stock mas not put to me even though it closed well under 10. I wouldn't have minded though if it did as I had sold at 11 3/4 the shares I acquired at 8 15/16 in place of the part (half) of NOVL that I sold into the rally (similar to what happened to BORL) at 10 7/8 about two weeks earlier. I also play the same game with options on NOVL and it has been great so far. Regards... Ghassan.



To: Ghassan I. Ghandour who wrote (10173)4/26/1998 8:43:00 PM
From: TChai  Respond to of 10836
 
Ghassan,

Thanks for the education on calls writing. You're right about this all along. I do appreciate the lesson.