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: B4TheBell who wrote (7351)	4/24/1998 8:14:00 AM
From: Herm	Read Replies (2) of 14162

Hi B4, VVUS has been my worse case nightmare of a stock that tested everything I have ever learned. The STRESS was unreal! I guess what I learned was to really keep your losses down by cutting off at 10% like you indicated. One should avoid the fast float turnover stocks UNLESS the person is ready to take on that risk/reward. There are much safer stocks that would do just fine for the majority of the people EVEN if they pick so so stocks at the wrong time. I'm so glad to hear you still made a profit off this Viper. I'm sorry for the pain, but, you must be a MUCH BETTER INVESTOR now with a whole new set of tools in your tool shed. You have the option now to pick and choose your strategies to generate profits. Thanks for sharing your experience with us! I wish you the "best of good buys!"

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