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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: Herm who wrote (10469)4/20/1999 9:24:00 AM
From: NateC  Respond to of 14162
 
Yahoo's download info also speaks of a problem with NetScape 4.0 and later...which I use...you have to tweak it a bit to get it to read the Yahoo quotes.



To: Herm who wrote (10469)4/21/1999 12:12:00 AM
From: fubsy cooter  Read Replies (1) | Respond to of 14162
 
question regarding leaps.
first of all thanks to all who have taken the time to answer questions on this insightful thread.
i am in novl for 500 shares at an average of 23.50/share. the market seems wobbly, but rather than sell at a loss i'm thinking of selling some in the money leaps. jan 2000 20 calls for 5.00. that would bring my price down to 18.50 a share. if the price drops i could buy back the calls and sell some new ones for more income or if the price rises i may get called out. is it likely that i would get called out quickly.
how often do people get called out in a situation like this? i am trying to save my ass in the case of a further tech sell off. any suggestions would be greatly appreciated. thanks