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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: mc who wrote (6070)12/10/1997 12:32:00 PM
From: R. Gordon  Read Replies (1) of 14162
 
Gary,

Hate to say it, but vvus reminds me of how I recently ate it big time on siii. Protective puts are important - but they seem so expensive unless the stock has gone up substantially and you can lock in cheap puts. (On siii there was a lot of insider trading followed up with law suits to bring the price down further.)

Richard
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