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: Wayners who wrote (8383)	8/27/1998 7:49:00 PM
From: Herm	Read Replies (1) of 14162

Just set the BB and RSI for the best fit peak to peak tags. Usually 50 on the BB and 12 on the RSI a good starting point! High P/E stocks? I don't know about that. Here is the high P/E list which we have been shorting with PUTs: TKLC down -2 3/8s today! $21 5/8s target price $17.00 XIRC down -1 3/32s today! $21 27/32s target price $18.00 BSX down -2 1/2 today! $75 5/8s target price $69.00 CPQ down -1 15/16 today! $32 1/2 target price $30.00 Bears are making money my friends!!!!! No need to bleed folks!

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