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

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To: Herman J. Matos who wrote (932)3/14/1997 12:06:00 PM
From: CENTrader   of 14162
 
Re: Sold Apr25 Calls

Hi Herman,
I just sold 3 Apr 25 calls @ 3.375($985) lowering my nut from 26.86 down to 23.58(with com.) My initial cash outlay was $4,029(x 2 on margin or $8,058) If called out I will make $1,411 total. Not bad!

Thanks for all your help.(and Steve , too)

Bill
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