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To: TigerPaw who wrote (9912)11/18/1998 6:06:00 PM
From: MileHigh  Respond to of 93625
 
Tiger,

I do not trade naked options- that's just me though. I sell calls to try and juice up my returns, that is cushion some of the fall and ride it back up at a lower cost basis. I never sell calls that are more than 1 month out, usually betting on an oversold condition, which I think we are in now. But if I get called, fine, I am sitting on a healthy profit now and the calls expire FRI so I can jump back in if necessary.

Regards,

MileHigh