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To: TH who wrote (6517)2/5/1999 10:23:00 PM
From: wade baskin  Read Replies (1) | Respond to of 27722
 
UN-B-LEEVABULL PREMIUM ON THE MAR 20 CALLS--WELL OVER 20%--WHICH IF WRITING COVERED CALLS ON SHARES HELD ON MARGIN WOULD EQUATE TO A 40% GAIN IN LESS THAN 2 MONTHS. WADE "CROOK" WOULD'VE HAD HIS STUDENTS JUMP ON ANYTHING WITH A 10% PREMIUM MUCH LESS 20%!!! BUT WHY WOULD ANYONE WRITE COVERED CALLS ON THIS--SEEMS LIKE EVERY TIME I'VE NOT BOUGHT CALLS BECAUSE I FELT THE PREMIUM WAS TOO EXHORBITANT THE STOCK WENT THROUGH THE ROOF SHORTLY THEREAFTER.