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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: Herm who wrote (9341)1/5/1999 11:37:00 PM
From: Caroline  Read Replies (2) | Respond to of 14162
 
Doug/Herm/Thread,

What thoughts come to mind regarding this play?

Buy 500 shares SMTK (pretty much a garbage stock):
timely.com

Sell Aug 1999 $5 call for $1.437
tscn.com

Total cost of ownership =
3.3125
- 1.437
========
1.8755

Caroline



To: Herm who wrote (9341)1/7/1999 9:05:00 PM
From: dmd  Read Replies (2) | Respond to of 14162
 
Hello again Herm,
Thank you for your response on egrp (today it was up to 64).

I would like to ask your opinion on another matter:
I own Apple Jan 30, 35 & 40 calls that I bought a while ago.

The stock is up to 45 with earnings coming up next wednesday,
should I hold and be greedy, or should I sell and run with the
88% profit?
Thanks again,
Paolo.