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 (3055)7/14/1997 1:16:00 AM
From: Ofelia Cuesta   of 14162
 
Herm,
In your trading, do you avoid this type of situation? The reason I ask is because I find it tempting to jump in and purchase either July 27.5 or 30 calls tomorrow to make money as the MMs drive the price back up before Friday.
From your experience, is it too dangerous to do this at this point or not worth the hassle given that you already went thru one cycle of this and now own the stock? Another option might be August calls which do not expire next week and would also move up. Already owning some VVUS stock, one could just sell the calls, once the stock moves up to $40, in this way lowering net cost of owning VVUS. Thanks for the input.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext