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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: pezz who wrote (17481)3/28/2002 10:43:14 AM
From: TobagoJack  Read Replies (2) of 74559
 
Hi Pezz, I just sold some SWC October 20 covered calls, on SWC putted to me in January (Puts shorted last December), and if called away, my net net gain on this tranche would be 45% over 12 months with no particular risk I can discern. If not called away, no big deal. SWC is stuck in a wide channel, between 15 and 25, regular as a astronomically complicated Swiss time machine. Chugs, Jay
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