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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (8046)8/2/1998 11:37:00 PM
From: Dr. No  Read Replies (2) | Respond to of 14162
 
Herm:

I need your input again. I have WSTL in an IRA account and I cannot do recovery spread. I think the stock is still heading down. Instead of selling the stock now, can I recoup a few $ by writing a CC and buying cheap put? Any suggestions for strike $ and expiration date?

Thanks in advance

Mo