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

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To: cowboyfan who wrote (11586)9/22/1999 10:29:00 AM
From: Herm  Read Replies (2) of 14162
 
Yesterday was one heck of a down day Cowboyfan! ROST sure
got sucked in that market dump. It did the exact thing
during the last 2-1 split only to recover after the split
for quite some time. This is a CC workhorse! Hold your
ground and we will see the status after the split.

Splits Calendar: Ross Stores stock splits after market
close today. I'm holding 3 OCT 45s @ 1 which is OTM by a
good size gap and I'm not sweating it at this point! That
is why I like to buy the sideshow calls before buying the
stock I plan to exercise. Less money on the table! It's
only other people's CC premies at this point for me!

As I write, ROST is up 1 3/16s!
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