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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: mc who wrote (12149)	1/5/2000 12:43:00 PM
From: Herm	Read Replies (3) \| Respond to of 14162

DIS should reach $35 before some overhead resistance. That would make those 30s JAN01 LEAPs worth around 8 1/2+. I'm sure tempted to cash them out at that point and wait until a pullback to buy DIS and CC later. 110% ROI ($1,325 profit)for the 3 LEAPs in three weeks worth of time is good enough for me. I like it even more that I used my existing CC premies to buy the DIS LEAPs as long sideshows in the first place. This is a major reason I like to CC so much. CCing provides working capital dollars to do other things and not dip into margin to do it. Combine that with the CC income and some minor capital appreciation in the stock price you can do pretty good in those retirement years. I should have this down pat in 14 years! :-) Chart is looking good! siliconinvestor.com Strong OBV moving into this stock!