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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 (9405)	1/10/1999 1:43:00 AM
From: FRANK P. WARDA	Read Replies (1) \| Respond to of 14162

Herman: I thought I knew something about CCs and investing. This thread, which I began reading a month ago is a god-sent. I cannot thank you enough for your time, patience and expertise. Somewhere you must demand and get just compensation for your largess. Meanwhile a couple of questions. I have 500 shares of Legato with a cost basis of $46sh. The W.I.N. shows weakness...do you sell for a 27% (3 mo profit) or do you sell a call with the idea of letting the stock go...so in-the-money. The same hold true with my 500 sh of Lucent..cost basis of $73sh....WINS also looks weak.