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

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To: virgil vancleave who wrote (13623)2/18/2001 4:29:05 PM
From: jaytee  Read Replies (1) of 14162
 
Hey Virgil: You are 'da man! Glad to hear you're still doing well. Hey, I was looking at igt and the other one ppdi. They have very similar charts. Here's the one, :
stockcharts.com[l,a]wccayimy[pb09!b17!d20,2!b50!b200][vc60][iUb14!Uc20!Lp14,1,3!Ll14,14!La12,26,9!Lg]

Are you flat out shorting the stock? What kind of margin requirements needed? Anyway , I like your style (and mindset for the current economic timeframe.)

Any suggestions, how us "wanna-be's" could buy puts (possibly a LEAP) I'm GROVELING here for an example .. .. on either ppdi or igt . . . on (based on your experience with these 2 and their resistance points) a good area to pick up a (itm) LEAP, and then sell a nearer term otm leap.

Thanks, as I feel Mentally Dyslexic, at times, when viewing PUTS, as opposed to CALLS (or cc's w/leaps).

Any scenario you could cook up for me to look at and throw back at you w/ a question or two, would be appreciated.

Again, glad you're home . . . not stationed out near the action in Iraq.

take care
jaytee
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