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 (8720)	10/1/1998 11:24:00 AM
From: Bill/WA	Read Replies (2) of 14162

Herm, Have been holding TNSI OCT20 PUTS. Since Mon. (28th) TNSI has dropped 4 3/4 pts (approx. 17%). The 20PUTS have stayed 'PUT'. Have been holding LHSG OCT40 PUTS. Since Tues. (29th) LHSG has dropped 4 7/8. The 40PUTS have stayed 'PUT'. At first I thought these PUTS were just too far out of the money to move, however, even the in the money puts have not moved. I can't come up with an answer for this (non-movement). Any ideas?? Bill/WA

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