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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 (11732)11/1/1999 7:04:00 PM
From: mc  Read Replies (1) of 14162
 
Dan or anyone following DIS, what do you think about DIS earnings that are going to be released this week? I wimped out on friday and wrote calls when the stock bounced over 27 briefly. I thought I better take some money off the table just in case earnings didn't go too well.

I'm short the Jan-30 calls with a nut of 23.5 so I won't be overly upset if I get called out. That'd be a nice return in only a few months. My only concern is that I went out to January. Lots of things between now and then could push the stock up more.

Good luck all,
mc
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