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: virgil vancleave who wrote (9294)	12/25/1998 7:59:00 PM
From: Johndee	Read Replies (1) of 14162

Hi Virgil, Welcome back. My friend and I have been waiting for you to get back so You and Herm can set up some trades. I hate to depend on someone else to do my foot work, but when it comes to fundamentals, I'm lost. Technically' I can usually see something in the works. (not always), but the work that Herm and yourself does is very important, as far as putting a finishing touch. MRE looks like a great CC play right now. I like to wait till the RSI starts tilting down. ANIK looks like it did a good job of retesting the 4+ bottom and could go to 6+ for CCs. Like some of my stocks, you'll have to CC a few times to get even. In those cases I try to grab a smaller premmie so I don't have to wait so long. It's kind of like 6 of 1 and a half dozen of another. Hope you had a nice Christmas and looking forward to your input come Monday Morning. Johndee

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