How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: jim clabaugh who wrote (4071)	8/21/1997 8:01:00 PM
From: Herm	of 14162

Hey Jim, I don't calculate it! I just read it! Today it's at a 9% premium based on other company P/Es in the group. See! stocksmart.com I would think that we all need to realize when we are paying too much for a stock relative to something! That something is the other companies. That is not to say the company is not worth it! When the downside comes, it will hit those companies with the inflated P/Es! They MAKE GREAT PROFIT KAHUNAS for the Shorts since they drop faster than you can say SELL or dial your internet brokerage firm! :-) Of course, what goes through my mind is Dippity Doo da and go deep in the money!

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