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Wednesday, 02/27/2008 11:29:11 AM

Wednesday, February 27, 2008 11:29:11 AM

Post# of 261
Good Morning, very nice board! Delighted to have had it pointed out to me.

I routinely write close-in slightly OTM covered calls against stocks in my trading account. I also write some against IRA stocks, but those are further out and at strike prices where I would be comfortable selling.

One stock I would offer for a look-see is ELN. There are often excellent premiums in both short term and longer term calls and the stock itself should do very well over time. Currently trading at ~$25, stikes for $27 have just been added for Apr. and July.

GLTA,

Cat

Back in ancient days, the Druids thought black cats were human beings.

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