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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Tom K. who wrote (11237)	7/19/1999 9:27:00 PM
From: Herm	Read Replies (1) \| Respond to of 14162

Think of that long call as LEAPs. Yes, you can write calendar spreads which are equal to a covered calls against the LEAPs.

To: Tom K. who wrote (11237)	7/19/1999 11:28:00 PM
From: Roman S.	Read Replies (2) \| Respond to of 14162

Is there a way to find out whether calls purchased were done naked or covered? I'm in a very low open interest position on some Aug 7.5 calls and the stock currently trades around 7. Heck, for the last couple weeks I was the ONLY open interest in this thing. If the writer wrote them 'covered', even if I sell some of the calls and exercise the others, the writer probably still made money. If they are 'naked', then I could cause some hurt if it goes into the money. Yes, no, maybe so?