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

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To: Hunt who wrote (5002)9/25/1997 8:45:00 AM
From: Herm   of 14162
 
CREAF started to really take off yesterday and I needed to raise cash for covering VVUS and picking up some 10 VVUS OCT. 35s CALLS on the side to get back my premies! I had a small profit ($650) on the CREAF CALLS so I cashed them in. CREAF should start to move fast in the next two weeks. If VVUS gives me $40 on the 10 Calls sideshow for $5,000+ profit this month, I will looking at CREAF, RXSD, and TECD for action. :-) Right now, I'm holding CCing on 1,000 shares of VVUS until the price returns to at least $38+ and starts moving again.
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