Nabors Industries(NBR) Message Board

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Gold/Mining/Energy : Nabors Industries(NBR)

NBR 51.73

-3.9%

Nov 4 3:59 PM EST

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To: Carlson who wrote (94)	5/19/1998 7:32:00 AM
From: FranW	Read Replies (2) of 174

Carson, Thanks for the response, I sold Dec.30 CALLS last week When the oil patch stops bleeding & I see a bottom I will sell puts. My average on NBR is 27 so even if the shares are called in Dec. my profit is aprox. 22%, Call premium 2 3/4 + 3 (30-27). of course I can buy cheap shares near the bottom to cover the calls also :) I just need someone to tell me when the bottom has arrived :) Fran

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