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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 (7356)4/24/1998 5:56:00 PM
From: SeaViewer  Read Replies (1) of 14162
 
<I might be able to exercise my 5 CALLs for the June 15s real soon! 500 more shares of VVUS at $15 by mid week at this pace!>

Herm, why are you going to exercise your calls? Those June 15 calls have time and volatility premiums. You can always sell your calls and at the same time buy the stocks if you want them.

Jeff
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