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Covered Call Option with Netscape (NSCP) as the Underlying Stock

Info. on the underlying stock

Income

date: December 21, 1998
Sell To Open Call 1 @ 2 3/8 -NQYAJ COVERED CALL ON NETSCAPE
Expires Jan. 16, 1998 Strike Price = $50.00
Income $237.50

Net Profit

Commission $27.02
Estimated Taxes @ 28% $58.93
NET PROFIT $151.55

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