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Technology Stocks : Credence (CMOS): Anyone out there

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To: L.B.Nguyen who wrote (302)2/25/1998 12:06:00 AM
From: Hanney Yin  Read Replies (1) of 497
 
waterhouse is great, all brokers are very friendly, not like those at INVESTRADE, The brokers I have talked to in Investrade were rude.

Also, Waterhouse allow you to wrte naked calls and puts. for example, you only need to put in your account (margin account) the amount to secure the purchase (for selling puts) should the stock gets put to you

For example, last month, I sold 5 contract put for CORR at strike price of 10, so I just deposited my 170 shares of PX certificate in my margin account . the minimum for opening an acct at waterhouse is 2500.

I like them a lot.

cmos is a good company fot the longer term, but it is not volatile enough to do cover calls. i just sold 10 contract i bougjt several month ago. seems to me cmos was never powerful enough to break 29 resistance. t do not want to wait too long to lose time premium, so i sold all 10 contract when it kissed 30 one day!
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