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: Herm who wrote (7402)	5/6/1998 10:52:00 AM
From: Bazmataz	Read Replies (2) of 14162

Hi Herm and Gary. New to this thread, but good forum. Noticed you posted about oil services sector, which I follow closely. I'm looking to write CCs on GLM, but am not sure about which to write. Looking at July 27.5s, but they're not doing well today. Should've written two days ago. Oh well. Anyway, do you think the July 25s are safe or maybe the June 25s? Not much premium on this stock, I guess it's not volatile enough... Oct 27.5s aren't too bad either. Nice premium and I'm not sure this stock will ever stick above 26 again! I'd appreciate your thoughts. Thanks in advance. Baz

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