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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (12192)12/23/1997 12:11:00 PM
From: Barbara Barry  Read Replies (1) of 94695
 
Good move!I knew someone who used to sell for them...what a mess that mgt. created for themselves.
Just curious..when you go so far out, doesn't the time premium hurt you a bit?A few years ago I used to trade in and out of WEN with covered calls near term and had great returns.May even look at that play again...The stock always went up a little before earnings then they would meet or beat by about .01 then fall.Still has an intersting trading pattern unless El NINO affects sales.;) The point is I never went too far out in time.
Regards,
BB
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