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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: lexi2004 who wrote (58109)3/27/2007 1:28:49 PM
From: MJ  Read Replies (1) of 59879
 
Lexi

Had a Sept. 5.00 covered call in for 0.85 -------it was picked up awhile ago. That will put me out in Sept. at $5.00 plus the gain from the call-------for a value of about $5.50 and gives me protection on downside to about $3.50.

Noticed that there are covered calls at $2.50 and at $7.50 in Sept.

mj
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