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 (6511)	1/21/1998 7:42:00 PM
From: Spots	Read Replies (2) of 14162

VVUS Bollinger bands close together also mean low volatility, which translates to low preemies. Typically, though, this is a precursor to rapidly expanding volatility. I hope today's move (up nearly 2) indicates the direction of the volatile movement! I'm looking for a ride here into CC ozone. But I'm damn well not neglecting protective puts on the downside (ouch!).

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