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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (10885)5/21/1998 6:23:00 PM
From: R Stevens  Read Replies (1) | Respond to of 14631
 
Bob, is this what you did? You sold covered in the money calls for $X a call. Then the stock went down, so the calls went down also. You bought back the calls at $Y a call. You made $(X-Y) per call. You chose "in the money" calls because their price would move more closely with the stock price. Is that right?

Thank you, RS



To: Robert Graham who wrote (10885)5/21/1998 9:00:00 PM
From: john michael winesette  Respond to of 14631
 
ahh...thanks, bob


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