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 (13070)	7/23/2000 4:16:41 PM
From: Dan Duchardt	Read Replies (2) of 14162

Herm, I was able to catch HLYW at 8_1/2 just as it started to run Friday. Found myself wishing I had bet the farm when it was at 9_3/4, then a bit bewildered at the rather sudden retreat to 9, but I was not quick enough to grab a profit near the high. I guess my exuberance about forward earnings has been tempered by the experience with ABTE. It doesn't take too much to upset the apple cart these days, but I will be watching to accumulate some more HLYW as long as the climate remains fair. We have a store near us too, and also enjoy the convenience of the 5 day rentals. Dan

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