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: Leroy who wrote (3022)	7/12/1997 12:25:00 AM
From: Herm	of 14162

Good old profit taking..... The stock should bounce off it's 20-day moving average! If you had covered calls. You may want to dippity do. Cover and write another covered call out two months and down one strike price. NOTE - WAIT until you get the trader's bounce! The PUTS will be cashed in and that should raise the price in the bounce.

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