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

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To: Dave Triplett who wrote (6328)1/7/1998 2:19:00 PM
From: Electric   of 14162
 
Dave,

Herm seems to think that in the short term VVUS will move up, now if it were me, I would wait for the move to near 12.50 and sell the 12.50's. I do also think it has room to move, the market is down and if we see a reversal soon VVUS should move back up IMHO. Hold on in other words. I am doing the same with MB right now, it has slumped but I am holding lightly...

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