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: Shell R. Poust who wrote (13560)	2/1/2001 1:11:27 PM
From: Herm	Read Replies (1) of 14162

Hey Shell, I have owned IFMX for quite some time now and made a great deal of money CCing and writing LEAPs Spreads. To think this stock just came from $2.50 to $8.00 yesterday in a very short time is remarkable. I just keep loading up when it gets cheap. Two days ago I wrote the MAY 7.5s for a nice chunk of change expecting IFMX to peter out again! IFMX never fails me. Typical IFMX trading pattern Virgil's prediction of a pull-back was another sign for me. IFMX tends to be late to the party and goes down with the markets and lags when the market rallies. IFMX siliconinvestor.com

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