TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Karl Drobnic who wrote (17571)	5/24/1998 3:50:00 PM
From: Trebor	Read Replies (1) of 31646

Karl: I've followed the debate of the June 10 vs. Nov. 15 options and wondered why not split the difference with the Aug. 12.5's. That's what I'm looking at. When the stock was at $10, the Aug 12.5 premium was $1.25. By my math, that's a 35% return if I get called out -- or 11.67% per month, or an annualized return of 140%. Not bad. I was personally delighted when they started offering options on TAVA -- to the point that I doubled my position. I plan to stay long on half my position and sell covered calls on the other half. I have found this to be a very good strategy with stocks like TAVA. If it runs way up, I do well on my long position; if it stays where it is, I make a few bucks on the covered calls.

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