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Strategies & Market Trends : Covered Calls

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To: VincentTH who wrote (18)5/4/1998 10:35:00 AM
From: Bazmataz  Read Replies (1) of 86
 
Not sure I'm ready to settle. This much strength in GLM despite a down OSX day and generally unchanged to down in the sector means on the next surge day GLM should see some significant strength. I'm going to hold out a bit longer. Granted, the July 27.5s might lose some time premium if we wait too long and GLM doesn't do better. We'll see. Did you sell the CCs yet?

Baz
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