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

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To: Caroline who wrote (8907)	11/1/1998 7:20:00 AM
From: JimsJeeps	of 14162

Hi Caroline, I agree that Monday should be the day for NOVL's withdraw. Off a 1/16 on Friday with volume of 7,007,100 vs. 30 day average of 4,630,000. There has also been some heavy volume on the 12.5 January puts, nearly a 1000 contracts on Friday. As Herm say's, "TIMBER"! Looking forward to some nice bear trap profits next week....Jim

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