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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: saket chadda who wrote (5900)	11/21/1997 8:16:00 PM
From: Spots	Read Replies (1) \| Respond to of 14162

Thread, Sorry not to have responded to a number of posts over the past couple of days. I haven't had a chance to look at SI since my last post. From the behavior of VVUS today and yesterday, I'd say that Doug's number was right and mine was wrong. I personally would trust Doug's page rather than my rough and ready calculations, which I did in haste on a hand calculator. I apologize; I should have stated that in my posts. I DID say buyer beware, I think (I hope). Anyhow, that wouldn't excuse posting a mistake, but I hope no one took me at my word without checking. If you did, don't. Bad idea. I will check again tomorrow when I have more time to see if the closing parity was 25 by my calculation. Unfortunately, I don't have the earlier numbers recorded to check my posted calculations. I've posted in the past on how parity is calulated, as have others. Perhaps someone has a reference. I haven't read the whole thread tonight, so maybe it's already been posted. Sorry if I mislead anyone. Buyer beware! Spots PS. Sailor, this is all your fault<ggg>