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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 (11394)8/19/1999 5:13:00 PM
From: CashnOut  Read Replies (3) | Respond to of 14162
 
Newdie to thread. I used to write cc's but got burned a couple of times when the stock took a quick dive and I couldn't sell the stock because I had sold the calls. Any advice on how to handle that situation?



To: Herm who wrote (11394)8/21/1999 1:52:00 PM
From: Shell R. Poust  Read Replies (1) | Respond to of 14162
 
Hello Herm
Hows the weekend??
The volume on IFMX keeps dropping off...looks like it might be a while before heading up;I would guess we held down
more (especially when looking at the weekly chart instead
of the shorter time periods)
You might take a look at PETM...buy below 5,write calls
severals months out,buy some cheap calls higher up...chart
looks good (very good volume)
Shell


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