SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Herm who wrote (2969)7/10/1997 11:36:00 PM
From: Ofelia Cuesta   of 14162
 
Herm,
I am now out of all my calls (at a profit of $2,500) and in possession of VVUS shares that I picked up for 29 9/16.

I take it from your posts that you expect VVUS to move to $40 (not immediately/not in a straight line). In this case tomorrow would be too early to write those covered calls without leaving some profits on the table. Better to wait a few days of price appreciation before writing the covered calls? Right?

I was looking at the VVUS calls and found August 30's and August 35's. No August 40's yet. Would you expect some to appear?

I want to get the most out of VVUS for all the suffering it put us thru!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News