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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: Caroline who wrote (7675)	6/17/1998 9:46:00 PM
From: Joseph Francis Torti	Read Replies (1) \| Respond to of 14162

Thanks Caroline, I think I will do my first options transaction tomorrow I will buy two hundred shares of HD and if I do not get the early uptrend in the stock for about a half a point I will get 2 contracts of July 85 covered call that is paying a little better premium then yesterday. I still think the stock will trend up because of the impending split July 2nd. I'd be satisfy with two points profit. But my problem is patience, I do not have any. (G) I do not pay much in commission $12.00 per trade on the long and 29.25 for two contract. Thanks for your help. Joe in R.I.