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


To: Les Paul who wrote (1336)12/9/1998 8:52:00 PM
From: riposte  Respond to of 3299
 
Options -

Les -

Here's a site I use - the Chicago Board of Options:

cboe.pcquote.com

Hope it helps,

Steve



To: Les Paul who wrote (1336)12/9/1998 9:44:00 PM
From: Vegas  Respond to of 3299
 
Les Paul,

Glad I could be of help. Covered calls for slow moving or stagnat stock are certainly a no brainer. I am on my 3rd round of cc's for AFCI which has funded the purchase of more AFCI...

Try this for options (its an okay site, delayed 20 minutes):

strikeprice.com

IOM Jan 99 $7.50's are going for about $1.50 (Thats $750 and you could buy another 100 shares of AFCI! LOL) Or the Jan 99 10's for $.50 will get you a little premium if you are bullish about the stock moving upwards quickly.

The worst case scenario is the stock goes down so far that even the cc's can't help you. Second worse is the stock soars to $30 and you get called out for $7.50, but at least you still made a profit.

JF