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: jaytee who wrote (12952)	6/15/2000 8:45:00 PM
From: Herm	Read Replies (1) of 14162

Hey Jaytee, GSTRF is a bit on the speculative side. I only have two leaps myself. So, my exposure is not much to speak of. It took a pretty hard hit today. I was two day too early. I may average down and buy two more LEAPs and write a spread to get back some of the money. It may be moving sideways for some time to come. So, far I have no problems with www.Mrstock.com and their rates for any type of option spreads and options trades is cheap and easy to place online. A far cry from DLJ Direct slow order system. I still like SKS in the $11 price range.

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