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steelwheels

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steelwheels

Re: biomanbaba post# 521

Thursday, 02/16/2012 10:17:17 AM

Thursday, February 16, 2012 10:17:17 AM

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Thanks. So far so good. I sold more covered calls today for the 12Feb2012...The premiums 1.22 and option expires friday. Even if I get called out, I will take the premium. Like you said, if we get a pull back and company needs more time to get its act together, minimizing downside risk with the collected premiums. Of course, if VVUS runs, I will be called out. No worries. The premium is cash in pocket.
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