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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: hpeace who wrote (6604)1/28/1998 1:54:00 PM
From: Jonathan Thomas  Read Replies (1) | Respond to of 14162
 
Doug, Herm, everyone.

I like the idea of repairing, and I got absolutely killed on FRTE. My NUT is 11.65, 700 shares. Current price is about 5.50. I'm not sure if it is coming back, and if it does, I'm looking at at least a year. I used the spreadsheet, but basically I lose money unless it hits the $7.50 strike...I went out to July. Is there enough sugar here to make lemonade?

Thanks,

Ryan