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 (9159)	11/23/1998 7:43:00 PM
From: mc	Read Replies (1) of 14162

Is anyone familiar with PKD? I entered a position in SESI (a very beaten down oil service stock) in anticipation of it coming back to the 7 1/2 - 10 range for CCing. It was moving up nicely until PKD announced they were buying it for NO premium. Ridiculous. I am completely unfamiliar with PKD and am wondering if anyone here CC's them. Unfortunately PKD is also cheap and without a bounce it is not in a great range for CCing (only $5). Thanks, Gary

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