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

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To: Walter Thomi who wrote (10142)3/29/1999 9:02:00 PM
From: Herm  Read Replies (1) of 14162
 
I use stocksmartpro.com to obtain volume. When I looked at the message about CPQ it read 5,000+. We now see it reached 10,000+. That is some heavy volume and I don't believe it's a downside prediction. Unless, a fund is planning to short CPQ and start a panic and then pick up the stock at a major discount when they PUT it to
them and they cover the short position and roll into long CALLs! They can make it both ways and sideways if you have enough money and real-time data feeds.
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