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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: M. C. Orme who wrote (3716)5/1/2002 5:12:29 PM
From: Mannie  Read Replies (1) of 5205
 
Last week I bought OIH at 69.25 and then let it run up to 70 and wrote May 70's and received $3.40.

I have been working the oil industry holders for 6 months or so. It has worked very well. Good premiums for a non tech issue.

scott
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