How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Herm who wrote (8594)	9/16/1998 8:46:00 PM
From: JimsJeeps	Read Replies (1) of 14162

Hi Herm, Got on board for the TNSI submarine ride with 5 17.5 October puts late yesterday. Checked it out once today and thought we were preparing to dive! Got home after work and saw that it gained 1 1/4! It's time will come..soon I think. Had a pleasant surprise with BTGC gaining 1 1/4 also. My chart must be set up differently than yours, because it is only about midpoint between the upper and lower band, with the RSI on an upward slant. My interpretation of that is that it still has some upside left. I am a rookie at these charts, so please set me straight. Thanks again for your timely comments. Jim

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