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: Herm who wrote (10860)	5/21/1999 4:10:00 PM
From: Amit Raj	Read Replies (3) of 14162

I bought June45 calls for Dell at $3 a couple of days before the earning with the hope of higher price after the good earning report. After the earning was out the stock has started moving south and the June45 calls are currently at 3/8 or 1/2. Although I have lost a lot, is there any strategy left which I can use to minimize my losses. Any suggestion from Herm, Dave or any body else will be highly appreciated. Amit

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