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: Shell R. Poust who wrote (9922)	3/11/1999 11:31:00 AM
From: Paul Heye Jr.	Read Replies (1) of 14162

Oils continue to run up. I wrote oct 7.5's on GLM a few days ago. I might roll them up or just ride it out. If it continues to go up I will get called out for basically even money. I did use the premies I got to buy some more FLC. I will wait to write the calls here until the volume starts to drop off. Both are blowing the avg. volumes out the door. Both have done more than double the volume the last few days and today have already almost doubled the avg volume. Since they are NYSE stocks the volume numbers should be good. Not like the double count you sometimes get with NASDAQ. Paul

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