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

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To: James F. Hopkins who wrote (11923)11/28/1999 5:48:00 PM
From: jaytee  Read Replies (1) of 14162
 
James or Herm or others: What do you all think of HD (home depot) as a cc prospect. steady, strong growth (especially here in Michigan where they just ran Home quarters, and builder's square out of town/out of business)

Looks to be healthy/ and the leader in its field , and bullying competitors out of the biz has got to add to their bottom line.

Chart looks like a beauty on weekly:http://www.iqc.com/chart/default.asp?w=600&period=180&chart=candle&chart1=bb&i0=2&i1=3&i2=7&i3=1&s=log&symbol=HD&time=month

and the daily chart looks like it's fading for a "nap" before going again , as it is starting to head down from the upper BB toward the lower BB (good time to buy calls @ that point?).

Appreciate anyone's opinions
jaytee
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