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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: FruJu who wrote (5845)11/13/1997 2:14:00 AM
From: sergio  Respond to of 14162
 
If your definitely sure IOM will rally soon, buy back the calls since
you've captured 1/2 already plus the increase from 26.5 this way you have the full delta (1 for underlying) to use. Remember every penny
move is reflected, up or down. Now do you want insurance too just in case it reverses, buy puts then.

Sergio