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: Herman J. Matos who wrote (480)	3/6/1997 10:41:00 PM
From: tdk	of 14162

hey Herman! Great piece of work baby. I am one happy camper sitting on 1000 shares of ROST and looking for more. The March 30 calls are selling for 1/4-1/2, what do you think about grabbing some of these contracts at open tomorrow morning. Steve recommended the 32.5's, however I could not get any price from Schwab - broker said only 30's are available. I see this puppy creeping up on low 30's very soon (with earnings and all) and thought aforementioned call buying would be ok - could you please let me know your thoughts and also when you think a pull back might take place in next week. As always thanx for insight...tdk...

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