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

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To: Herm who wrote (5726)11/3/1997 7:41:00 AM
From: Herm  Read Replies (1) of 14162
 
Heads Up Everybody!

A reader emailed me regarding TECD. According to him, he noticed that a large purchase (3,000 contracts) of the Dec 45 last week. The stock shot up 2 1/2 points (+6%) on Friday. He indicated that volume has been very low for the past two weeks. Could this be pre-news setup? We have been waiting for a split announcement for some time now! Even a 3-2 is possible at TECD price level.
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