SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Andrew N. Cothran who wrote (1576)7/23/2001 2:07:02 AM
From: DiB   of 5205
 
Andrew,
I was thinking about possible exceptions, that some stocks in some months don't follow your theory, and found an example:

LU in July. Closed above $7.5, with a major upward move.

Apparently PTBs had different intentions with that one. May be all things weren't equal with LU, we'll find out this week (fyi it's also, like QCOM, supposed to report earnings).

May be your theory works with stocks with several (at least more than one) "reachable" option prices, i.e. QCOM at $55, $60 and $65. On the other hand, LU really has only $7.5 to work with.

Just thinking out loud...

-DiB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext