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 (555)	3/8/1997 10:01:00 PM
From: B. Anderson	of 14162

Good question. I was trying to get Herman to think out loud and explain what he might have done differently if his cost basis had been three or four points higher or lower or whatever. In his earliest posts he emphasized how important not loosing sight of "THE NUT" was. So, for example, if he had a cost basis of $20 p/s and decided to sell a March 25 call, would he have done the same thing if his cost basis was 24. Maybe cost basis is a bad example; again, I just wanted him to address some general "what if" situations that might be out on the thread but not mirror his position exactly. If there is no difference, then say that too. Am I making sense? Sorry for the rambling. B. Anderson

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