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


To: Knighty Tin who wrote (57407)4/26/1999 3:06:00 PM
From: Richard Nehrboss  Read Replies (1) | Respond to of 132070
 
Mike,

RE Spread conversions

Rather than selling a put, I'm creating a synthetic put sale by doing the covered call, right? This has underlying purpose for me of avoiding capital gains in highly appreciated stock.

Am I right about selling the premium that's deteriorating rapidly and buy the premium that's slowly decaying?

Richard