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 (8261)	8/18/1998 5:46:00 AM
From: Douglas Webb	Read Replies (1) of 14162

Geez Herm, you were supposed to babysit BTGC for me.... I just got back from vacation (I'm actually on a train to NYC this morning) and saw what BTGC has been doing while I've been away. When I left, it was recovering; upward price movement, heavy volume, rising RSI, bounce off the lower BB, the whole nine yards. What happened? Whoever sold me those January calls got a great deal; they're worth just a little more than half what I paid now. At least this time I gave myself plenty of time to wait for a recovery before my calls expire worthless... Doug.

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