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 (12287)	1/31/2000 10:58:00 AM
From: kc_hall	Read Replies (1) of 14162

Herm, 1) Thanks to you and others who advised about the risk of my cc spread on MCD. I thought if it moved orderly I would have no trouble keeping up with it. What I failed to take into account was the effect of major news and a fast gap up. I closed my short call at the open this morning and since it was upgraded I may come out OK on the leap. All in all it is turning out to be a very cheap lesson. (As compared to a few other lessons I've had). 2) Do you have an opinion on the direction of Disney? Thanks Again KC

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