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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: Greg Higgins who wrote (6502)1/19/1998 10:19:00 AM
From: Terry Maynard  Read Replies (1) | Respond to of 14162
 
Thanks for clearing that up. I'll take a close look at the implications of the strategy for my portfolio. I try to be a value investor buying out-of-favor stocks and being prepared to wait 3 to 5 years for them to become fully valued. However, in the short term this is a very boring strategy and one that takes much patience. So, looking at options to boost cash flow has been one of my interests lately.

Thanks again for your wisdom.

Terry



To: Greg Higgins who wrote (6502)1/19/1998 11:44:00 AM
From: Greg Higgins  Read Replies (1) | Respond to of 14162
 
Speaking of VVUS:

Date Close High Volume
-------- ---------- ---------- ----------
1/12 10 1/4 10 13/16 344,200
1/13 10 13/16 11 722,400
1/14 11 1/4 11 3/8 1,484,100
1/15 11 15/16 12 3/16 1,559,200
1/16 11 11/16 12 5/8 2,840,900

I think this looks pretty bullish. I have some concerns about
the failure to close above Thursday's high. I would act on it,
but I'm a near perfect contrarian indicator when I buy stock,
so I won't.

Those of you with a cc on VVUS, how do you react to such an
indicator?