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gary schrimpf

12/15/02 9:10 AM

#55856 RE: leekramer #55845

leekramer:

<<<Hi Gary...Something else you might consider is the "writing" of calls on stocks you own but are looking to sell.
Occasionally you find some pretty nice premiums leading to a pretty good % return.>>>

The truth of the matter is that I haven't progressed that far in my 6 years of trading but hopefully will sometime in the future. As an aside, I currently only have only puts in my portfolio with the exception of some calls on CBST.

I do try and learn from "trade options with OJ" on SI. Maybe someday I will get "it".

Thanks for the input.