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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: Shell R. Poust who wrote (8136)	8/8/1998 12:37:00 PM
From: Herm	Respond to of 14162

Thanks Shell for your input on the CCing LEAPs. As you know, BTGC does not trade LEAPs and the PUTs open interest is anemic. CPQ, FORE, CS, and other trade LEAPs and are perhaps good LEAP CCing workhorses. BTGC is a good cheap stock for those trying to get into the investing arena. More astute investors should stay in the $20+ stock price range. Our CCing W.I.N. approach works exactly the same way! The only caveat I would add is to CC with at least 3 contracts or more per round to reduce the impact of the commissions paid. The more contracts, the less percentage from the premies that is turned over to your broker. Steve? I had heard that he has been sick and unable to come online. Let pray for Steve's recovery!