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Strategies & Market Trends : Covered Calls
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To: tchphysics who wrote (4)5/3/1998 6:01:00 PM
From: VincentTH  Read Replies (2) of 86
 
Jeff,

I own GLM too, but I am currently puzzled with the low time value for GLM. The Jul 27.5 seems to have very little juice in it, despite the volume on Friday. In other stocks, a prospective acquisition news would have increased the call value tremendously.
I am still holding on to GLM, waiting to write the Jul 27.5 call or the Oct 30 call. I could be wrong, but the current premium is ridiculously low.
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