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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 (5511)10/20/1997 10:13:00 PM
From: Vol   of 14162
 
Herm, boy VVUS really got the wave going today! Feel lucky to have gotten my NUT down to 32.5 this quick after pulling the trigger too soon at 34.5. my conservative side really wants to squeeze 3 out of VVUS by writing a nov 32.5 call. but today VVUS ended almost on the high of the day on a little bit over avg volume so I may hold out for the blast off.

Sounds like a straddle right before the split might be a possible move on RXSD. whatcha think?

Vol
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