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Strategies & Market Trends : Steve's Channelling Thread

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To: GTC Trader who wrote (28)12/11/1999 3:09:00 PM
From: Zeev Hed  Read Replies (1) of 30051
 
Happy, I think that the whole drug segment (I have some MRK on which I keep writing covered calls) is still in the dumps and may stay this way until the techs cool off (like February or so), thus the January calls might be risky on PFE, IMHO. If you have a taste for calls, I think that CCRD is ripe for a good 10 bucks plus advance from Friday close (unfortuunately, XIRC already took off). I personally do not play calls (except covered writing), so I am not the one to advise you, maybe Steve can help.

Zeev
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