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To: Sig who wrote (127209)5/20/1999 9:14:00 AM
From: Peter Blackburn  Read Replies (1) | Respond to of 176387
 
just curious, this is a strategy that has worked well for some. selling a call you are reasonably sure will not be exercised over the life of the leap will not only pay for it but bring in steady income. If the worst happens sell some of your leaps to buy calls back
pete