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Strategies & Market Trends : WR's Covered Calls -- Ignore unavailable to you. Want to Upgrade?

To: Hobie1Kenobe who wrote (41)10/30/2000 6:38:24 AM
From: Wayne Rumball  Respond to of 68
 
Already did the COVD thing. When it really tanked they were giving 60% premiums on the calls. Yes that's right 60%

That premium quickly eroded, but last I looked it was still around 40%, not bad if you like that stock for the long term.

Only thing is I don't like it, simply used the calls to limit my downside when I bought it for a bounce. Already out.



To: Hobie1Kenobe who wrote (41)10/30/2000 6:54:36 AM
From: Wayne Rumball  Respond to of 68
 
RNWK? !!!

Funny you should mention that. Just spent the entire weekend trying to find some truth about GLMC, which usually moves in sympathy to RNWK.

Haven't found any truth yet, but the CEO was nice enough to call me, and their comedy channel is pretty cool.


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