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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Defrocked who wrote (52761)	3/21/1999 10:57:00 AM
From: Joseph Francis Torti	Respond to of 132070

Defrocked, (or sell short and buy the call, out-of-the-$ for instance) simultaneously??? Good luck however you decide ) I wish I could do this part of the strategy because the put premium are great for shorting puts. But I am approved for level two option. I do not think I am approved for shorting puts under level two. Up until now I have been only doing mostly covered call writing in Dell. But lately Dell been boring and no longer a momentum stock or as I like to call them (retards stock (G)). I am looking for a new retard stock to trade and Ebay and amzn fits this. As for the cement Business I am a small private company owner and I have about three to five workers who work with me and doing high profit margin jobs like sidewalks and patio. If I have a big job that is too big to handle or required big equipment. I sub-contract the job to other. My profit is 78 cent for every dollar I spent pre-tax. Cement and gravel does not cost much and labor to put down cement is not time consuming like building homes or carpentry. It is a great business to know you can get paid within one or two days for a job. I use to have big equipment like backhoe and a 12 yard dump and compressor. I have now sold though three because the cost to keep them this not justify owning the equipment (Taxes, insurance, repairs, building for equipment, sold five years ago, rent for parking equipment ) I live is Rhode Island and it is not a construction friendly state for us. In order to keep the above three required me to rent land to store the equipment and it came out it was better to rent them then own them. Now I have a two to three yard dump I can put in my garage and a pickup truck. I get approx. about $400.00 for every yard I put down. And I can get to aggravate myself playing the market in the winter months. Joe