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

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To: Hunt who wrote (7225)4/6/1998 9:01:00 AM
From: Tony D.   of 14162
 
Hunt,

I picked up PLC last Tues. for 17 7/8, sold the May 20 for 2 1/8. (The May 20 closed Fri. for 2 3/8.) I did this play purely as a CC. The July 20 is going for 3 7/8, only 1 1/2 more for an extra 2 months if you want to buy the call.

Herm, I sold the VVUS May 12.50's last Tues. for 1 1/2. Gotta get it when you can.

Good Luck
Tony D.
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