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

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To: John B. who wrote (4354)9/3/1997 2:39:00 PM
From: hal jordan   of 14162
 
John--I've got my sep 30 market order in now. It looks like its having trouble breaking past the 30 barrier. With 3 weeks left in Sep, I figure around 1 1/2 is still a good premie for the 30's (barring a complete breakout). If it gets called away, I have made a decent profit, as this is my 3rd round writing VVUS CCs. Originally purchased at 48 before the split.

Hal
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