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: Vol who wrote (7427)	5/8/1998 10:32:00 AM
From: mc	Read Replies (1) of 14162

Hey Vol, good to hear from you. I'm in the same boat as you it seems. Last year I was up about 60% for the year until November. Then it all came crashing down - I ended the year with a loss (ouch!). I'm definitely putting more effort into trying to avoid big losers. How did you end up handling your IOM position? I managed to make a nice profit on it even with the big decline. I was fortunate to pick my entry points well and I took advantage of selling deep in the money calls during the declines to take money off the table. Good luck, Gary

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