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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: Herm who wrote (11384)	8/20/1999 6:23:00 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 14162

I called my broker the other day to try to sell the ABTE Sep_10 calls @ 5/8 only to find out that I had never signed an options agreement (us old daytraders had little use for such things). After I was turned away, at least for a few days, I decided to take my profits before this thing bounced off the upper BB while I was waiting for my approval. A 15% return in a week's time has a nice ring to it, but getting close to a buck in premies and holding on would have been nice too. I'll be looking to re-enter soon.