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

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To: tuck who wrote (11199)7/16/1999 1:56:00 AM
From: RWS  Read Replies (1) of 14162
 
I looked at SRCL after reading your post. Would you be concerned about the practical absence of open interest or trading in this option in relation to a covered call strategy? For example the Aug. 12.5 call gives excellent protection and return but the OI is 0 and the Vol was 10 for today. Would there be any hidden risk there?

Thanks.

RWS
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