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: Herm who wrote (5026)	9/25/1997 9:27:00 PM
From: Roger Louis	of 14162

Herm... What do you make of the Bollinger Bands and RSI on WNDR ?? I took the bait (premie) on VVUS and bought 300 more shares a few days ago and wrote 3 Oct 40s @ 2.50. That leaves me with 500 shares which I'll wait to cover as the earnings date approaches. I recieved the Trester tape "High Profits Though Conservative Option Writing" and have watched it with no new surprises. The main thrust of his approach is buying stocks through NPs, then writing CCs on the stock. The tape cost $99, I probably should have sent you the money.....you've taught me a lot more and I've made many times that amount following your advice.:-) I'll be leaving for N.Y. tommorrow evening, ...Please Don't say anything too important while I'm gone. <<GG>> .... Roger

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