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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: Vol who wrote (7427)	5/8/1998 7:51:00 AM
From: sailor	Respond to of 14162

Vol. I too have been a lurker. Tax season was very busy for me this year. I did throw a few cookies up when VVUS got below 10. I hate margin calls! My CC lately have been limited to VVUS and RXSD. Glad to see you back Sailor BTW INTC cost me more than VVUS ever did also.

To: Vol who wrote (7427)	5/8/1998 10:32:00 AM
From: mc	Read Replies (1) \| Respond to of 14162

Hey Vol, good to hear from you. I'm in the same boat as you it seems. Last year I was up about 60% for the year until November. Then it all came crashing down - I ended the year with a loss (ouch!). I'm definitely putting more effort into trying to avoid big losers. How did you end up handling your IOM position? I managed to make a nice profit on it even with the big decline. I was fortunate to pick my entry points well and I took advantage of selling deep in the money calls during the declines to take money off the table. Good luck, Gary