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

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To: Vol who wrote (6177)12/18/1997 10:54:00 AM
From: mc   of 14162
 
Vol, thanks for the reply. At 30 I'm sure you made a nice profit on those. I'll tell you what, I was worried after I sold those in the money calls with a 22 1/2 strike, but, if IOM keeps trending down I might come out of this looking like a genius for once.

Let me know if you get back in. I'm interested to see how others are playing this. My calls (provided I don't round up some cash to buy the back) don't expire until February so I'll probably be in the stock for a few months more, at least.

Good luck,
Gary
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