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 (6521)	1/22/1998 4:22:00 PM
From: Tony D.	Read Replies (2) of 14162

Herm, I'm out of VVUS for now.(Got burned tooooooooo bad last time) What are your thoughts on CREAF? If it braeks 20, I will try and write May or June 17.50's. (I'm in at 17.75.) That should give me plenty of time to buy back and pockett some nice premies. I blew it on MDCO. SLB missed and just like the Titanic, took everybody down with it. I could have sold the Feb 17.50's for 3 1/8 yesterday and bought back for 1 3/4 today. An easy net of 1 plus after commissions. Tony D. "Hind sight is 20/20"

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