How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: jtig who wrote (5363)	10/9/1997 1:18:00 PM
From: sailor	of 14162

John I'm sitting on Oct 37.5, which could be a real disaster, you have time to recover -TIME and patience will bring VVUS back up. I bought DEC calls today (at this sale price) as a hedge in case I have to sell my Oct calls at the downtrend. Since I am long on this stock I am confortable with this position. (others may not be) IMHO Sailor PS Herm's rules are no losses on this thread - he's usually correct

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