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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: Douglas Webb who wrote (7167)	3/24/1998 7:27:00 PM
From: RayV	Respond to of 14162

Doug Thanks for the info! I'm thinking of buying CREAF at whatever it is tomorrow (unless it zooms up too fast), say at around today's price of 22 1/4 and then writing the may 22.5 calls for around 2 1/16. Slow and steady. Earlier I bought it at 16 and wrote the 15s for a nice profit. Not anything like I could have had by waiting, but okay nevertheless. Good premiums on any of the other things I'm watching have been hard to find the last few days! Ray