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Strategies & Market Trends : WR's Covered Calls
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To: Hobie1Kenobe who wrote (41)10/30/2000 6:38:24 AM
From: Wayne Rumball   of 68
 
Already did the COVD thing. When it really tanked they were giving 60% premiums on the calls. Yes that's right 60%

That premium quickly eroded, but last I looked it was still around 40%, not bad if you like that stock for the long term.

Only thing is I don't like it, simply used the calls to limit my downside when I bought it for a bounce. Already out.
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