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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 (5317)	10/7/1997 10:48:00 PM
From: 4 - Bob	of 14162

Herm, I am still taking notes. I bought 5 OCT 35 protective puts at 5/16 on EGRP when it was around 45. Today,( two weeks later) I sold at market open for 1-1/2. Although they rose to 3-1/2 and closed at 2-1/2 after I sold, I especially like getting the cc premiums on the rise and the profit from the puts sales on the slide down. Thanks again for the strategy. Live Long and Prosper 4-Bob

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