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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: RayV who wrote (4026)8/20/1997 3:46:00 PM
From: Herm   of 14162
 
Ray, KLIC looks like it shot up 4 points today! The chart plotted with the Bollinger Bands indicates an overbrought condition. So, if you own it I would go at the money on the CCs to milk the pull back and dippity doo for a double dip. Strong looking chart. Getting a bit pricy and selling at about a 7% premium.
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