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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Jonathan Thomas who wrote (10689)5/11/1999 11:02:00 AM
From: Jonathan Thomas  Read Replies (2) of 14162
 
<<<<<<
700 shares NOVL @ 23 (Purchased on 5/7/99)
Sold Aug 25 Calls @ 2.75 (5/10/99)
Order to buy 7 June 20 puts @ 3/8 (5/10/99)
>>>>>>

As a follow up. I didn't get those puts yesterday, but I put the order in again today. and got hit on the quick runup this morning. So current positions is:

700 shares NOVL @ 23 (Purchased on 5/7/99)
Sold Aug 25 Calls @ 2 3/4 (5/10/99)
Bought 7 June 20 puts @ 3/8 (5/11/99)

Current Nut 20 5/8
Current Price: 24 5/8

Ryan
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