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Technology Stocks : Oracle Corporation (ORCL)
ORCL 198.80-5.6%Nov 21 9:30 AM EST

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To: MeDroogies who wrote (17407)7/19/2002 8:45:30 AM
From: Jerome  Read Replies (2) of 19079
 
MeDroogies..you did just fine...On Thursday I wrote some July ten's for $.55... And on Monday I will write the Aug. 10's for what ever I can get.(Hopefully at least .80).

I think ORCL could just as easily trade at 9 or at 11.

There has been no continuation to a rally based on earnings. If earnings are better than expected then a short one or two day rally followed by a return to the prior trading range.

At the money or slightly in the money covered calls are the order of the day.

JMO....Jerome
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