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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Dan Duchardt who wrote (10070)	3/26/1999 5:12:00 PM
From: NateC	Read Replies (1) \| Respond to of 14162

Hi Dan.......I may not have made it clear. But when you do find the firm that will do a Buy-Write....(the way I am talking about it)....they will allow you to sell the CC at the ask.....you make more premie from this....than selling at the bid. I'm not sure of the technicalities of it...but I think that possibly a market maker has to do it simultaneously...as one transaction. It's discussed in Wall Street Money Machine.....but there are other more authoritative references