Nabors Industries(NBR) Message Board

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Gold/Mining/Energy : Nabors Industries(NBR)

NBR 51.73

-3.9%

Nov 4 3:59 PM EST

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To: Angler who wrote (111)	9/17/1998 10:40:00 AM
From: FranW	Read Replies (1) of 174

angler, Selling covered calls is a good way to hedge in a declining or sideways market. I believe it is not the time to sell calls on NBR especially since your cost basis is higher than mine. Now might be the time to buy NBR stock & cut your average cost down. That's what I have done recently. Fran

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