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 (5888)	11/18/1997 9:16:00 AM
From: Douglas Webb	Read Replies (1) of 14162

Hey Herm, I need a second opinion on a position I'm thinking of opening... UGLY had a real nice rise yesterday of $1 1/8, and made the news for it: biz.yahoo.com It's starting to swing back up, and I'm thinking of buying some calls as a sideshow. The Dec 15 calls are selling for just 1/8! This looks like a no-lose situation to me; do you agree? Ugly is certainly worth more than $15, and should at least approach that level by the Dec expiration, don't you think? iqc.com Thanks. Doug.

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