How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: Herm who wrote (11255)	7/20/1999 11:10:00 PM
From: jtig	Read Replies (1) of 14162

Herm, I have just been examining the cc website to discover that LUV (Southwest Airlines) stock just split. It is selling for a bit over $20 and Sept 25 calls are 8+. This is close to a 40% gain. This is a fine airline with a terrific reputation for customer value and sound financial management. When things seem to good to be true -- they usually are. What am I missing? Help me look before I leap. Thanks John

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