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 (8418)	8/30/1998 7:37:00 PM
From: steve armon	Read Replies (1) of 14162

Hi Herm, I just had a small question about WLA short interest. Yahoo says WLA is short 3.4 million shares out of a float of 820 million. You indicated that this was a sign (among others) that WLA was heading down and would therefore be a good candidate for buying PUTS. I'm looking for a stock thats ripe for a fall but is 3.4 short out of 820 million a bearish signal? I like the thought of insiders shorting against the box on this one. Thanks for your time. Steve

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