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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 (9110)11/20/1998 10:14:00 AM
From: Mark Mandel  Read Replies (2) of 14162
 
Herm: Thoughts on Oracle (ORCL)

It's been a while since I last posted. This thread is just chock full of interesting folks and good ideas. So I thought I would tell my short story... sorry JEN!

Purchased ORCL at 28.25 Feb 9
Wrote Dec. 32.5 Calls for 1 3/16 on Nov. 6

Company is doing well... the stock and Call are both rising. My choices are to just sit and get called out in Dec. pocketing the premium and the stock rise, or roll out the Calls.

Your opinion is appreciated.
TRI-GUY
(NoPain/NoGain)
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