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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 (6322)	1/7/1998 8:53:00 AM
From: GROUND ZERO™	Respond to of 14162

Hi Herm, Very good, thank you. GZ

To: Herm who wrote (6322)	1/18/1998 3:47:00 PM
From: Talib	Read Replies (1) \| Respond to of 14162

Herm, I am trying to learn covered call from this thread and also doing reading of "Options as a strategic Investment". From the reading done so far I understand that in-the money call option could be better off strategy. It would be appreciated, if you could guide me to understand the following. I own ROST at 38 1/2. Now I see that FEB30 CALL (Symbol:REQBF)has Bid of 6 5/8, Ask of 7 1/8 and Last of 8 1/2 with zero volume. First of all does zero volume means that there are no buyers & sellers ? If there are no buyers or sellers, how the last price is 8 1/2 ? Would this be right approach at this time to write(sell) covered call? Any additional guidance would be appreciated. Thank You, talib