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

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To: fubsy cooter who wrote (10476)4/21/1999 11:58:00 AM
From: RDHickman   of 14162
 
fusby, CC b.e. is Covered Call break-even.
I jumped in because I saw you were considering get out of NOVL just when I got in yesterday. Bought the Jan 10's at 13 and now will wait for the stock to advance and will consider selling the May 25's against the Leaps as a Stock Substitute.

I would consider CPQ to be a candidate for this same approach at this time. Wishing you the best in whatever you do! /Dick
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