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To: Sully- who wrote (29497)	8/18/2000 2:35:58 PM
From: TigerPaw	Read Replies (1) \| Respond to of 35685

I had a nice covered call going on today. I sold VIGN $40 strike which expires today. I sold them yesterday for 1 3/8 when the stock was at $40. Looks like I may get to play again next month too (which is a short month). TP

To: Sully- who wrote (29497)	8/18/2000 2:38:34 PM
From: walkman_99	Respond to of 35685

Tim, No need to worry about the confusion. If you are retired and living off your own resources, including using cc's in the context of how Voltaire, Dealer, RR and others are using them, then your advice is acceptable to me. What I like about this thread is that you can state your situation or opinion and get clarification, validation or flamed. I already found Clappy's response to you about when to roll-out and find a new point to cover as a good illustration. I realize that my cc sep 105's are probably okay to leave in place until we see the new base for CREE more firmly established based on the movement over the last couple of days. I'll exercise some patience. BTW: I also own 10 contracts on dec 110 CREE. I bought them around the same time as I sold the cc's. Does anyone feel like commenting on what CREE's current price is likely to do in the short-term (next 30 days)? TIA rzw@learningtwostepsforwardandonestepback.com