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To: Burt Masnick who wrote (69703)12/10/1998 7:22:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 186894
 
**OT** Covered Calls

I'm planning on adopting a covered call strategy in 2Q99, being of the belief that the nasdaq will be flat or decline after an explosive run. Your comment, you get the premium and if you're right you'll never get called and you can do it again in 6 months if you still feel the same way is of interest. Why do you specify a 6 month period? Can't you sell shorter term cc's and do it every couple of months?

Frank