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To: Jan Crawley who wrote (16085)9/4/1998 12:45:00 PM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 164684
 

Another idea. Write a few Sept. 90 "covered calls" and asking $8 or $9 premium for the
weekend. Maybe others can comment.

The premium is around $7 right now.


Jan,

That is a good idea. The problem is I would have to go long more shares than I am short. Otherwise, the brokerage house does not consider them covered. They have been a pain lately too.

Glenn