How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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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 (8289)	8/19/1998 7:58:00 PM
From: Andrew Williams	Read Replies (1) of 14162

Herm and board, I would like to get your thoughts on another stock as a cheap put candidate: Boston Scientific(BSX). It hit an all-time high today, it is near top of BB and RSI at 60.17. Short interest (according to Yahoo) is 8.82 Million or 10.82 days. They announced FDA approval on a product recently, but I think that is already built into the price of the stock(maybe overpriced into the stock). There are also some other fundamental arguments that could be made to sell/short the stock. Your thoughts?

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