Ascend (ASND) Traders Message Board

STOCKTALK

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.

Technology Stocks : Ascend (ASND) Traders

ASND 200.79

+2.4%

3:17 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: rkf who wrote (59)	9/10/1997 8:19:00 AM
From: Carl Zbad	of 369

rkf, <<Looking to write Oct. $45-50's covered calls. Any thoughts on past experience in this area. Surely we're moving back into the $45-48 range finally?>> If you think ASND will hold near 50, then it's a good idea to write the 50 calls when it gets there. If you believe it will retreat back to the low 40s again (ASND appears to be a classic rolling stock right now), then you might better sell when it gets to 50 and look for a reentry point below 45, or write the 45 calls and capture intrinsic value along with time premium. Regards, carlzbad

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next