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

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To: hpeace who wrote (1739)4/18/1997 10:52:00 AM
From: Bob Myers   of 14162
 
Hi Steve,

OK, I have been reading you, Herm and Vikas for over a month now and I am convinced your strategy is sound. I also read M. Thomsett's "Getting Started in Options". My next step, while I read McMillan, is to set up the trading system to initiate an option strategy.
Currently I use Jack White for stock trades. Unfortunatley they are expensive in frequent trading especially in options. I am looking at Pacific Brokerage Services to set up a new account. Their rate is $1.75 per option contract min. $15. What do you think, or can you suggest another?
I currently own CSCO SEG ATML USRX IOM CHPS ORCL and CA in the tech area. I am looking at using your strategy on CSCO, SEG and ATML to start. I am retired and have plenty of time to follow these stocks.
Thanks in advance for your advice.

Regards,
Bob
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