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: David L. Hoevener who wrote (8840)	10/16/1998 3:58:00 PM
From: Herm	Read Replies (3) of 14162

You nailed your USW entry with a nice margin of fat on your side. Now, out of left field comes potentially negative news for USW and the whole group. "A rising tide raises all ships." And, a quick flush of the toilet washes people's money away. Such may be the case with USW. USW made a new 52-week high today and the next earnings report is due out Oct. 21, 1998. Smart money will use that opportunity to clear out or short against the box. NEWS "Consumer groups, competitors oppose Ameritech merger." Check out all the related industry group quotes that went down today! quote.yahoo.com USW Insider Selling - Could be a warning! biz.yahoo.com You did good David. PS - I'm not always right! Example, I'm eating a little TNSI and BTGC puts today! I did a little math yesterday. I figured I projected about 20 stock moves in the last three weeks and only had three totally wrong. Always room for improvement and always willing to learn.

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