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: hpeace who wrote (461)	3/6/1997 6:46:00 PM
From: tdk	of 14162

hey Steve. Congrats on you gutsy play of the 50, now 100 contracts - I guess nothing ventured nothing gained. Anyhow, I am in Ross at 45, 500 shares, now 1000 shares - where are you getting option prices from? I looked at dailystocks.com and they are only listing (2) May contracts. Could you please lead me in the right direction because I am thinking of selling some March 30's if the price is right, ie: 1 1/2 or so, or possibly getting into your step-in strangle position. Anyhow it's a great feeling being in a stock that has appreciated 20% in last 3 weeks or so - wish they could all be this easy. Thanks in advance and also what's up with Atmel? Looks like hit lows near 30 and reversed course - good time to buy? This is a great stock to CC. Thanks again...tdk...

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