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 (8015)	8/1/1998 8:57:00 AM
From: virgil vancleave	Read Replies (1) of 14162

one that noone has heard of here is anik. biotech much like btgc. future lloks promising. i bought at 13 and sold the covered call for aug 15 at 1 yesterday. i plan to buy it back for half value or less and then do it again. if on the other hand i get called out, i made 3 per share on 300 shares for a nice monthly profit. been looking at lcos and srcm for the covered call with double put protection. the market is still showing weakness and should continue to the downside, especially since i keep noticing that call premiums are much higher than puts. otherwise, i would just do a covered put. just thought i would give everyone another ticker to looks at. go anik. keep making me money

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