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Gold/Mining/Energy : Core Laboratories (CLB)
CLB 15.94-0.1%Oct 31 9:30 AM EST
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To: Herc who wrote (34)8/23/1999 6:50:00 PM
From: polarisnh  Read Replies (2) of 39
 
Herc,

Don't get upset by it. I would use this volatility to sell covered calls on CLB and pocket the premium. I haven't checked lately but you can probably pocket 1/2 to 5/8 a share by selling SEP 20s. I sold last week at $19.25 which was a nice run from my $13.375 that I purchased right after the spring earnings report. If this stock falls much more I will probably buy it back and do just what I told you to do.

Cheers,

Steve
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