SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thomas Tam who wrote (3698)4/24/2002 7:51:24 AM
From: Dominick  Read Replies (1) of 5205
 
Although TYC had a selling climax in February and had a successful test of the lows, the break-out in March failed.
A sign of weakness. It has now broken support on increasing volume, confirming the weakness of the failed rally.

The option is fairly valued at $1.80 with break-even about 24.90. It's possible it could drop to 22 to test the lows.
Althought it shows a 76% probability for profit, why would you want to buy a weak stock?

JMHO,

Dominick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News