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 (6640)	4/8/1998 12:27:00 AM
From: javaNkrona	Read Replies (1) of 14162

I couldn't resist any longer ... I've been holding off getting into VVUS until my position in SCOP has been closed. But ... i dipped into some of those profits, and picked up just a few hundred shares today at 10. I'm lookin' forward to the ride here, and getting in at these prices is, i have to believe, rediculous. Don't plan on CC'ing for a while ... gonna wait till it moves to 15, and then assess the momentum at that point. Just plan on waiting to see how earnings turn out Thursday ... and i find it rather interesting that the earnings will be announced during the day, rather than after the close; that seems like a bit of good news on the way. Then i guess we just wait for PFE to disappoint, huh. java

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