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

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To: jw who wrote (12200)1/19/2000 5:05:00 PM
From: Herm  Read Replies (2) of 14162
 
It's a shame this stock has taken such a hard hammering.
But, when those funds dump in order to lock in their profits
or they short against the box thus increasing the liquidity
the stock price takes a nose dive.

There was quite a bit of ROST call transactions today vs.
the puts. Either folks are hedging with CCs using the May
calls or they are speculating a come back.
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