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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: jaytee who wrote (11573)	9/21/1999 11:04:00 AM
From: Jonathan Thomas	Respond to of 14162

Jaytee, Thanks for the promising response. I need to try to wait out the storm. It is right at my NUT right now (no pun intended), and I think the wise move is to trust the system, and let it pull back to the upside. I can't believe it has moved 10 points back down with not a lick of bad news, and it beat earnings last month. If it hits 20, I think I'll have to sell the 20's 3 months out to protect my downside, and still make a profit....(albeit a little one) This was, and I think still is a promising stock, but its a lot of money on the line for me....Thanks, I appreciate your honest and upbeat attitude... Ryan