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

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To: blankmind who wrote (7155)3/26/1998 8:16:00 AM
From: Herm  Read Replies (1) of 14162
 
Hello Again,

According to Doug's two-line chart, VVUS plotted a neutral block yesterday and needs to be confirmed today or tomorrow's trading day.
If we get an upside move it could fill in the block with a buy signal.
webbindustries.com

As you may recall, I am tracking this 2-line chart in order to determine how well it works as a CCing tool to assist with buy/sell decisions while CCing for extra income.

Interesting, there were some VERY LARGE BLOCKS of VVUS stock traded after the bell last night. Somebody knows something relating to either PFE FDA announcement, VVUS FDA announcement, or VVUS earnings due out soon. The recorded prices were much higher than the close. You might see a opening spike up tomorrow, Thursday, March 26, 1998!
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