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Technology Stocks : Novellus
NVLS 2.400+2.1%Jul 24 5:00 PM EST
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To: Steve Fancy who wrote (1442)4/22/1998 8:41:00 AM
From: Chris Anderson  Read Replies (1) of 3813
 
Steve, selling covered calls on NVLS is extremely risky business as I have learned in the past. NVLS can just rocket straight up at times!
As I explained to Robert in another post, I just need cash right now and am writing some calls to generate it. Will have to grin and bear it if I get called out. I really love this stock so hope that doesn't happen. If so, I will be back in on pullbacks.
Good luck!
Chris
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