How To Write Covered Calls - An Ongoing Real Case Study! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Herman J. Matos who wrote (156)	2/18/1997 6:29:00 PM
From: Herman J. Matos	of 14162

...............HOW TO WRITE COVERED CALLS - A REAL CASE STUDY! ================================================================== PAGE #10.....................................................................Date: Tuesday, Feb. 18, 1997 ROSS Stores announces departure of VP and controller in late March. See below! I bet he has NICE stock package! Great job John Vuko! He is moving on to a senior VP and controller's job. The bucks just keep on rolling in for John! Anyway, ROSS Stores (ROST) closed down 15/16 at 44 9/16 with 90,100 shares trading hands. At one point I had a chance to monitor the markets at work and the stock was down 1 1/2. So, I'm pleased with the resistance to the volatility and the fact that ROSS Stores is losing an important VP! Temporary loss and I'm sure they will replace John with another strong business person. Volatility Index (VIX) closed up +.710 at 21.21 and at one point reached 23. Needless to say, today was a rock n roll day for the big board. Typical of early week shakeouts before the options expiration date for this Friday. The 10-Year T-Bill interest rate went down -.130 today to close at 6.26% which was about the interest rate of one year ago around Feb. 1996. That's a very good sign that we may have a repeat Dow performance in 1997. Ross Stores controller to resign ------------------------------------------------------------------------ NEWARK, Calif., Feb. 18 (Reuter) - Ross Stores Inc Tuesday said John Vuko will resign his position as senior vice president and controller in late March to join Douglas Broadcasting/Personal Achievement Radio as senior vice president and chief financial officer. In a statement, the company said it has a seasoned financial management team in place to effectively manage the business while it continues its active search to fill the position REUTER Rtr 13:57 02-18-97 Copyright 1997, Reuters News Service ********************************************************************************** DISCLAIMER: The writer is presenting a real stock and a live ongoing case study. No recommendations or endorsement to actually buy this stock are suggested nor implied. Trading stocks and buying calls should not be attempted without first understanding the risk/rewards of this type of investment! The writer assumes no responsibility for the opinions being expressed! Buyers always be aware! **********************************************************************************

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next