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To: TechMkt who wrote (66284)	9/20/1998 8:48:00 AM
From: Perry Ganz	Read Replies (3) \| Respond to of 176387

Fez Does anyone have thoughts on writing NOV 70 calls? Have recently gotten started in options and listen to the advice on this board regularly. I like the Nov. strike date (after earnings) looking at 60's myself waiting for the next leg down to buy though. Maybe after the fed does not cut interest rates Sept 29. Perry

To: TechMkt who wrote (66284)	9/20/1998 9:05:00 AM
From: LWolf	Read Replies (1) \| Respond to of 176387

Fez... re: writing Nov70C (DLQKN) I wrote these on 9/9.... but have some concerns that I might have to buy back because expiry is right around earnings time, and if DELL does really take off, they could turn into in-the-money calls for someone. If on the other hand the market holds DELL back, I'll be OK and they'll expire worthless. I'll have to keep a close eye on them. Laura

To: TechMkt who wrote (66284)	9/20/1998 10:56:00 AM
From: LWolf	Read Replies (1) \| Respond to of 176387

Fez... re: #reply-5795488 my DLQKN btw are covered calls. I assumed you meant covered, and J.P. seems to be assuming you asking about uncovered calls (which are always more risky). Laura