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: Dan Duchardt who wrote (11312)	7/30/1999 5:24:00 PM
From: Night Writer	Read Replies (1) of 14162

Dan, Stupid me. I use My Track and didn't consult Help. Thank you. The only reason the H was used on the 2,000 option transaction is that it was the only transaction. Interesting that it was not reported until after the close. I didn't think about a Bull spread because I think of Bull spreads being done with Calls and not Puts. That is the reason, I didn't think of it. We assume this player has covered himself in case the stock is put to him by buying the lower puts. With so many puts in his pocket, it is unlikely all the puts would be put to him at once. NW

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