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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 (11569)9/23/1999 6:31:00 PM
From: Dan Duchardt  Read Replies (1) of 14162
 
Mike,

Those 7_1/2s are looking good on IFMX. Today they were looking better by the minute if you did indeed get your $1.50. I stayed with my plan and managed to sell Jan10s at 1_3/16 the other day when IFMX backed away from the upper BB. My average premium is 15/16. Not a bad return if I do get called out, but of course I'm looking down the road a few months. One more day like today and I'll be wanting to negotiate a trade with you :)

Dan
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