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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: R. Gordon who wrote (4057)8/21/1997 12:11:00 PM
From: Herm   of 14162
 
Hey Richard, A solution for you may be to pick up the ROST LEAPS for 6 months to a year out and then exercise when you get back and can pay closer attention. The ROST 25s Feb 98 @ 6 today! That's six months out that you can exercise at a strike price of $25. Your breakeven is at $25 strike + 6 prem.= $31.00. On your first round of CCs you should be able to be in the black. Something to think about.
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