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

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To: Herm who wrote (8100)8/5/1998 6:56:00 PM
From: H.W.Melle  Read Replies (1) of 14162
 
Herm / Anyone

CS has hit and is below the BB the RSI is at it's recent historical low and stochastics indicate over sold. The Sep 10 Call is bid 1 1/8th at this level wouldn't CS be a pretty good buy and wait for a rebound to the even mid range BB would be approx 11 1/2 -- Any thoughts thinking about buying tomorrow if market cooperates.

Thanks In Advance

Horst
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