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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 (4052)8/21/1997 10:55:00 AM
From: R. Gordon   of 14162
 
Hi Herm,

Thanks for your perspective on ROST.

I find that the most difficult part of CCs for me is the first stage, when I buy the stock and hold it naked waiting to leg into a position. I'm thinking of getting into ROST but am concerned that I will be away back East and in Europe for the month of October. I don't want to be thinking about managing options and stock while I am away. It seems reasonable to expect a run up from dividends and as you point out, the next quarterly rpt. Yet I would hate a bear to show up while I was away.

Thanks for the help,

Richard
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