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Technology Stocks : Advanced Fibre (AFCI) ** IPO -- Ignore unavailable to you. Want to Upgrade?

To: riposte who wrote (1333)	12/9/1998 8:37:00 PM
From: Vegas	Respond to of 3299

Actually, if the price is $20, and the 15's get called, you've essentially sold them for 16.37, so that takes some of the sting out of it. Is this right? I haven't gotten into options yet, except for on paper. Either way you like! I bought them for $10.63 and sold for $15 or bought for $12 and sold for $16.37.. Profit is the same. I like to take the premiums off my cost basis since I get that money as soon as I write the cc. (And most of the time do not get called anyway.) At this rate my cost basis will be $0!!!! LOL G'nite JF