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: javaNkrona who wrote (7153)	3/23/1998 9:24:00 AM
From: Hunt	Read Replies (1) of 14162

JavaNkrona The main thing in covered calls is the underlying stock. VVUS has had a major competitor enter its business. PFE now has a pill to do what VVUS's product does. The pill is scheduled to be approved by the FDA either later this month or next. How much business will this take away from VVUS, I don't know, but with VVUS being a one product company it certainly won't help. As a man, I know that if I had the medical problem needing these products, I would rather swallow a pill than VVUS's alternative. Just my 2 cents worth. Randy

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