How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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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 (4816)	9/17/1997 8:41:00 AM
From: Herm	of 14162

Yeah John, That $31 price may be a bear to break right now. And now, we know the big boys are playing in this game. The volatility will be something else. You never know when they will jerk the price around. Watch those massive VVUS PUTs and CALLs option open interest. As of today, there was an open interest of 7,619 Sept. 30s contracts. You can bet VVUS will close above $30 this Friday.

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