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

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To: FR1 who wrote (5401)10/11/1997 4:56:00 PM
From: Herm   of 14162
 
Well Franz,

That's good news! I would settle for breaking even on my 10 Oct. 35s at this point. It would take a tremendous price rise to overcome the time erosion and low intrinsic value in the last week! Thanks for the news since that may setup the next round of CCs. Hey, I'm hooked on VVUS since it's been a challenge and the premies are very high!
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