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Non-Tech : Eagle Hardware (EAGL) The Next Home Depo
EAGL 1.550-1.3%Jan 21 4:00 PM EST
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To: Gary Ross who wrote (14)1/31/1997 2:08:00 AM
From: Tim O.   of 389
 
Gary,

What is the short term support and resistance levels you are using for the put and call selling. i was a little worried yesterday when it closed below 18. i thought that it might have broken the support level, so i sold the Feb 17.5C today for 2 1/4. Wrote the calls when EAGL was at 19 3/8. Earnings won't be out until March 6, so I expect some volatility before then. Could be a good for short-term trading.
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