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Strategies & Market Trends : Canadian Options
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To: Barron Von Hymen who wrote (18)1/22/1997 7:44:00 PM
From: Jan Johnstone   of 1598
 
Volume has been up on all of the banks. Chances are there is a lot of Call writing going on, as stockholders try to squeeze option premiums out of their holdings. My guess is that the banks are at, or close to their top. Interest rates will not drive up their prices any more.

Writing(selling) Calls seems smart right now !!!
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