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 (5099)	9/30/1997 4:46:00 PM
From: RCVJr	of 14162

I was wondering if someone could explain something that happened to me today. I went to sell half my VVUS OCt 32.5 calls at 5 1/2 (this covered my original investment in the option). The bid/ask at the close was 5.625 and 6. I didn't sell a measly 3 option contract. Not that I'm complaining but would have thought I would have sold them as the price went by my asking price. Guess I'll have to wait and sell it tomorrow for a nicer profit.

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