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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: Dan Duchardt who wrote (12824)5/28/2000 6:21:00 PM
From: James F. Hopkins  Respond to of 14162
 
Dan: I don't mind but I'd have to do some digging to find the dates and right now I've got a lot going on.
Not just with the Market either..
Jim



To: Dan Duchardt who wrote (12824)5/28/2000 7:02:00 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 14162
 
Dan ; This is reply #2 to the question ..an easy one for
me to find was GBLX..all happened on the same date
in about two hours time..on 4/18/00; I intended to do a bull
spread 20 to about 40..as it was the momentum and demand
was such that after I bought the 2002 20s for 13-3/4 the
25s were bidding that in about 2 hrs so I said what the
heck..might just as well take it..and I sold the 25s for
exactly the same 13-3/4..not a big deal but I have a $5
spread for the cost of commisions..she was moving up that
day ( only 2-1/8 ) had a low of 27-1/8 and a high of
30 3/8 to close at 30..
--------------------
I'm still holding that spread I've been to busy to try and
adjust it.
Jim