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 (8874)	10/23/1998 7:23:00 AM
From: Johndee	Read Replies (1) of 14162

Herm, I wonder if you would check out PZN. Just came out with good earnings, buying back shares, just paid div., and is a reit. The stock closed at 24 5/16, up over 2 thurs. Hit the top BB, and is siting at 80 on the 8 day RSI and 70 on the 14 day RSI. Everything is still tilted up. The puts seem very expensive. I'm thinking profit taking might kick in today, but how far is the question. Would appreciate your input. I like your run DOWN on ROST and FORE. I'm watching them also. I don't own any of those three stocks, but would like to do some option plays. Thanks Johndee

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