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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: sea_biscuit who wrote (18433)5/13/1999 5:49:00 PM
From: DavidG  Respond to of 25814
 
Dipy,

Next time try selling LSIEH covered calls (approx $1-1.50) when it moves back up. You can pocket the premium and let the market take your stock after Options expiration for a nice profit. If it closes below 40 sell the next months covered Call (LSIFH)...currently paying 2 bucks.

Repeat until stock is taken. You could wind up with a hefty bonus in option premiums. Should definitely go by September timeframe.

Good Luck,
DavidG

PS: just send me a check for 10% for financial advisory fees.<g>



To: sea_biscuit who wrote (18433)5/13/1999 7:56:00 PM
From: Smaven  Read Replies (1) | Respond to of 25814
 
Not until option expiration. Keep the faith and hope they don't pull it back to 35!