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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 (7320)4/21/1998 7:44:00 PM
From: Tony D.  Read Replies (1) | Respond to of 14162
 
Thanks for reminding me Doug. I should have thought of that before I bought back into VVUS a month ago.

Tony D.



To: Douglas Webb who wrote (7320)4/21/1998 8:01:00 PM
From: Zach E.  Respond to of 14162
 
Never, ever buy a stock you wouldn't want to hold long-term. CC'ing is a bullish strategy, so you need to be bullish on the stock.

Similarly, if you really want to hold a stock, don't write calls
on it. You never know when there is going to be an explosive move
up, making rolling out an expensive if not impossible proposition.

Zach


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