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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Karl Drobnic who wrote (17517)5/22/1998 11:04:00 AM
From: kfdkfd  Read Replies (2) of 31646
 
Karl
Concerning Nov 15 calls, ie
earnings for June may not be a blockbuster but hopefully up, contracts will probably be constrained by manpower and booked for extension of current contracts and future earnings etc is where its at, why wouldn't you write Nov 15 calls and get the premium realizing if the stock shot up you would be called. If the stock remained about the same or higher for a few months premium would be reduced on these options and you could evaluate covering or writing calls again.
I realize risks are involved but you get a decent return for waiting.
Appreciate your comments on this strategy.
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