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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 (2680)	6/25/1997 7:29:00 PM
From: Herm	of 14162

HOW TO WRITE COVERED CALLS - A REAL CASE STUDY! ================================================================== Date: Wednesday, June 25, 1997 1. VIVUS (VVUS) DAY AFTER THE SPLIT DAY 2-1! The stock: VVUS had some nice action today even with the DOW and NASDAQ sell off. VVUS last traded at $25 7/8 up + 7/8 with a high for the day of $26 3/4 and above average volume of 1,823,100 shares. As you will recall, 800,000 shares has been the average volume for the past three months. Today, 16 large blocks (as compared to yesterday's 11 large blocks) of VVUS stock traded. VVUS is showing all the classic professional marketing technique of "pumping up" the news machine! Check out the following article! stocksmart.com VVUS even held up after a downgrading of another bio-medical company (Liposome-LIPO) which took a whoppin $15 1/4 massive one day nosedive. Consider it a reminder! You never know when that economic bullet with your name will great you! Usually, when you least expect it. pcfn.com The VVUS call options had a nice run up today. It is still a bargain to get in at this time. I will be adding 2 more VVUS July 22 1/2 CALLS to my 6 VVUS calls tomorrow. The news today reinforced my opinion that a $30-$32 VVUS stock price is possible by the earnings report in a few weeks. stocksmart.com Let The Trend Be Your Friend! The sectors with the strongest covered call writing opportunities can be found at stocksmart.com VIX VOLATILITY INDEX It appears like good times are still ahead! stocksmart.com That's It! Wishing all of you, the BEST OF GOOD BUYS! ********************************************************************************* DISCLAIMER: The writer is presenting a real stock and a live ongoing case study. No recommendations or endorsement to actually buy this stock are suggested nor implied. Trading stocks and buying calls should not be attempted without first understanding the risk/rewards of this type of investment! The writer assumes no responsibility for the opinions being expressed! Buyers always be aware! *********************************************************************************

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