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Strategies & Market Trends : Position Trading Forum
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To: KJ who wrote (303)8/13/1998 12:39:00 PM
From: Bald Eagle  Read Replies (2) of 7247
 
Anyone have opinions on SOC? I'm long and my basis is down to 7 3/4 now after initially buying at 9 15/16.I reduced my basis by buying and selling covered calls. Today I sold Jan 10 covered calls. If I get called in
January, I'll make about 29% in six months. I can live with that. There was high volume in SOC Jan 10 calls today, over 2000 last time I checked.
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