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 (6282)	1/3/1998 4:24:00 PM
From: hal jordan	Read Replies (2) of 14162

Herm-- Are you CCing VVUS at these levels? Can you believe there are June 7.5s out there! Who would have believed that one month ago. I calculated the rate of return if you sold a June 7.5 at 5 5/8(last sale) and for the period it would be over 15% return, if you buy in at 11 1/4. VVUS would have to plummet to $6 a share before you start losing money. What are your thoughts here? Hal

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