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: lonny who wrote (5074)	9/29/1997 9:00:00 PM
From: Herm	of 14162

Hummm, SCOP has been a momentium trading stock for some time. The news is good. scopus.com On Friday, the down volume was MASSIVE! I'm suprise there was not a trader's bounce today! Perhaps tomorrow! The SCOP short interest must be much high now! webbindustries.com webbindustries.com Get the full low down of SCOP at Doug's killer web site. It's getting better and better. Now, for stock repairs you could sell CCs for the SCOP Nov. 20s @ 1 1/2 and that will lower your net cost basis by $1.50 down to $19.50. Worse case is that you are called out at $20.00. I think SCOP will bounce back soon! In fact, the earnings is due out October 09, 1997. This may be a MM shake out of the weak stomachs.

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