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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 (5502)10/20/1997 8:21:00 AM
From: Vol   of 14162
 
herm,

i tend to agree. i just don't see any reason, short of a crash or bear market, for vvus to go much lower. i bought back in at 34.5 and sold the nov 35's for 3 1/4, now can buy them back for about 1 1/4 for a NUT of 32.5. i think i'll do it and wait for the blast off. the vivus thread is very bullish, with some minor concerns that have helped to hold back the MUSE for now, but not for long!

vol
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