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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 (4109)8/24/1997 4:49:00 PM
From: Rodney Lockhart   of 14162
 
Herm,

I agree with your CC strategy and I been following the action since this thread started so I know you can pick them good.
CYMI is interesting going into a split... it has been glued to the upper bollinger band for quite a while. Premiums look fat because of the expanded volitility. Not sure I would to purchase a call option. Could be a good covered call write. What do you think about a bull spread... looks like you could make 30%+ if the stock just remained at is current level until NOV?

Rod
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