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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Mannie who wrote (3498)3/14/2002 3:41:41 PM
From: Fargonaut  Read Replies (1) of 5205
 
I'm finding OIH, Oil Industry Holders to be a good buy/write vehicle. Decent premiums, and an upward bias..

I am unwinding my IBM cc position because it reached my goal very quickly and paid .53 dividend Mar 9, so I'm looking for my next move.

The OIH Ap 65s are looking pretty good here - what is your take on the fundamentals for OIH? Does it just follow the price of oil?

Fargonaut
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