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: Leroy who wrote (561)	3/9/1997 3:17:00 PM
From: Paul Heye Jr.	of 14162

Leroy, I don't know about the others except for ZITL. If you don't need the cash right away (meaning you can cover the margin call) you might consider holding it. ZITL swings wildly in price. There are a lot of people that bought it in Dec when it ran up to 70??I think. You can watch it and get out close to even on a run up. It moves very quickly on rumour and market sentiment on the whole year 2000 thing. I think there is a WSTL thread here that might have some info on how to handle that one. Good Luck Paul BTW I got caught holding USRX when it tanked. Hoping that 3com will improve here so I can get out even. So you are definately no alone.

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