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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 (4167)8/27/1997 11:42:00 PM
From: Bill Kovalick   of 14162
 
Hey Herm,

Howz it going ? I've just been sitting back and watching the action from the sidelines. I'm still sitting on my VVUS - haven't made a dime off it yet (no CC's) although I did pick up 4 Oct 30 calls when it dipped back to the $24 range. It's sure acting like it wants to test $30 (but will the MM's let it ??!). Anyway, here's a post from a satisfied VVUS customer:

techstocks.com

I've been doing some CC action using AMD with Steve's help. So far, so good - nice volatility and Steve has a good feel for it's behavior. We should work on him to sponsor a case study using AMD !

I'm out of TECD these days but I've noticed how it's been hovering around $38-$40. Anyone think the MM's are at play here ??

-Bill K
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