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To: HoyaBob who wrote (15444)11/23/1998 8:18:00 PM
From: BradC  Read Replies (2) | Respond to of 27307
 
<Sell covered calls, or do a bull spread. Problem is in trying to figure out where to set the valuation. I wrote Jan calls at $200 2 weeks ago and thought I was high>

What happens if it suddenly decides to go back to $50 or lower where it probably belongs. Better keep some spare change handy to meet the margin call on that $200 covered call just in case.

Brad