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

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To: CCWriter who wrote (744)3/13/1997 1:29:00 PM
From: RayV   of 14162
 
RE: CC on IOM

Blaine
I sold the may 15 calls
to bring my cost basis down
to 13.97 and bought the apr
20 to try steve's strangle.
Today the stock is still falling.
I am beginning to agree with you
that IOM may not be a good cc stock
any more which is too bad.

Ray
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