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To: John Graybill who wrote (42269)1/15/1999 2:57:00 PM
From: Robert  Read Replies (1) | Respond to of 53903
 
I generally agree, but why in the world would you write an in-the-money covered call? You could have your stock called away at any time. My understanding is that most longs write calls with above market strikes. Am I mistaken?

-- Robert



To: John Graybill who wrote (42269)1/16/1999 1:22:00 PM
From: Kerry Phineas  Read Replies (1) | Respond to of 53903
 
JG, I'd sell the July 80's. Amazingly rich.


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