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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks
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To: JakeStraw who wrote (4497)6/22/2001 12:03:22 PM
From: BWAC  Read Replies (1) of 5499
 
Jake,

AMCC has a very nice covered call premium. $1.75 for the July 15's Stock at 14.50 roughly.

$2.25 potential/14.50 at risk. Around 15%.

And if it blows up the $1.75 will get the original investment close enough to the $12.50 Strike price to try again next month.

Also looking for something on LSI. Just watching it now. But I want it if/when it falls some.
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