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Strategies & Market Trends : Canadian Options
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To: Goldberry who wrote (6)1/21/1997 9:06:00 PM
From: william smith   of 1598
 
Gee Graham,

I agree with you on NNC. I have sold calls on this baby. It is too rich to buy. I suggest buy between 45-46 and sell a 47.5 call in any month when the stock has the next run-up. Sept NNC are paying 20% return on the stock already. I only trade Canadian optionable stocks and glad too see a group formed to profit on this area.

Will

P.S. I just bought 1000 share of AGU. The options are weak but the stock has a good upside.
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