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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: Herm who wrote (5849)11/13/1997 12:12:00 PM
From: R. Gordon  Read Replies (1) | Respond to of 14162
 
Herm,

Thanks for getting back to me - and good luck - I think VVUS is close to a bottom. My concern about your strategy would be an event where there is a sharp turn around to the upside where I would be forced to cover expensive calls or give up my stock at a loss.

All the best -

Richard