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

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To: CCWriter who wrote (1376)3/19/1997 2:00:00 PM
From: CENTrader   of 14162
 
Re: Cook's Losers

Blaine,

I agree, wholeheartedly. Cook had plenty of losers this month:

10:10 AM PST

Research/Trading Department News:

POWER STRATEGY #3 - House cleaning prior to expiration.

We went through our March positions yesterday to see if there was any value left. The following call options had no value when we checked: AT&T (T), Ascend (ASND), Cascade Communications (CSCC), Synopsis (SNPS), Lockheed Martin (LMT), Cisco (CSCO) and Novell (NOVL). If these gain any value before expiration, we will get what we can for them.

We sold our General Electric (GE) March $100 calls and $105 calls. Both positions were down from where we purchased them.
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