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 (9549)	2/1/1999 10:40:00 AM
From: VincentTH	Read Replies (1) of 14162

Virgil, Good call. As a lurker on SI's Drilling board, here are my Oil Service favorites and why: 1. FLC. This is a leverage play, lots of risks, lots of potential. They may not survive the downturn however, but George Sorros made an investment in this company, and so did I. Strong support at 7. 2. RIG. Have a backlog of long term contracts in deep water drilling. The risk of contract cancellation is lowest with deep water drilling. Strong support at 25. 3. FGI. Have a long backlog of contracts for deep water services. Strong support at 10. Drawback: This is a small cap. 4. SLB. The bellwether of them all. Enough said. //V

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