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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 (6534)	1/23/1998 3:45:00 PM
From: Tony D.	Read Replies (2) \| Respond to of 14162

Herm I hope you were not offended by my question. I did not mean to imply that you were profiting from this board. I just associate you with covered call. Please accept my apology. That being said, I picked up IOM at 8 11/16 on margin, and sold the Feb. 8.75's for 7/8. If I get called out, I can get a 20% return (minus commissions and margin fees) for 4 weeks. Although IOM could go lower, I do not think it will stay there long. Tony D.