WR's Covered Calls Message Board

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Strategies & Market Trends : WR's Covered Calls

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To: Wayne Rumball who started this subject	10/12/2000 9:22:23 PM
From: Wayne Rumball	of 68

Guy that explained this to me (writing covered calls) told me to look at the downside, so far my downside is around 13 with the 2 trades. When/if CMOS gets to 14/15 I should be able to buy back my calls and write new 15 or 12.50 calls for another greater premium, thus further limiting the downside. I'll post the trades here so anyone trying to figure it out can follow.

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