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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Senator949 who wrote (9241)12/7/1998 6:15:00 PM
From: Joseph F. Hubel  Read Replies (1) of 14162
 
"CPQ is has blown by it's all time high by about $3 and it's RSI is at an all time high."
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Sold CPQ April 40s for $6 at the close. I'll be happy for a net of $46. It may have a little gas left for Tues, but it's gone too high to fast not to be hit with profit taking.

JFH
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