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Technology Stocks : Vitesse Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Columbus who wrote (2368)	3/23/1999 4:27:00 PM
From: OldAIMGuy	Read Replies (1) \| Respond to of 4710

Hi Columbus, Yes, periodically I do sell some CALL options. However, since I'm usually trading a very small number of contracts at a time, I usually wait for the premiums to build up to a level that makes the sale more profitable for me than for the broker. If I sell just one contract, I like to get at least $1.50. Anything above that just makes me smile a bigger smile. Looks like I'd have to go out to October $55s to find some activity. There I can get about $6.50. Not bad even for just one contract. Best regards, Tom