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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: FruJu who wrote (7393)5/4/1998 4:07:00 PM
From: Herm  Respond to of 14162
 
Sit tight Evan! VVUS shareholder's meeting is on May 23, 1998. Any big news should be announced at that meeting. Until then, just milk the last % from your current CCs. You should be able to cover around 1/8 to 1/4 at this pace before May 23.

Who knows? There may be a surprise FDA announcement as uptick payback for the street throwing VVUS a bone recently. You may very well ride that viper back to $14.