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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: Johndee who wrote (8489)9/8/1998 8:42:00 AM
From: Herm  Read Replies (2) | Respond to of 14162
 
Johndee,

You need to clear up the existing PUTs positions. Sit tight and watch for an opportunity to either break even or generate a profit. The Sept. time decay will be eating you alive with the existing PUTs and this is the do or die week for them. Don't spread yourself too thin and really look at the conditions and what you did. Learn from mistakes and try not to do it again.


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