Silicon Investor (SI) -- The First Internet Community

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! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (11181)	7/9/1999 11:26:00 AM
From: Jonathan Thomas	Respond to of 14162

Herm, all, Well, I put in a buy order on the NOVL Aug 25 puts a couple times at 1/2, even when the bid was at 9/16 :) Finally I got hit on a runup, now I'm hoping for a pullback. Stochastics, RSI, OBV are all about to burst out the top of the charts, it CAN'T maintain this level. It is worrying me though, because it's sitting steady, and I'm hoping it hasn't hit a new trading level. Any thoughts? I'd like to make a little money on my puts, because my NUT of about 21 now doesn't seem to be an issue with downside protection. I might have to just take my profits and move on, it's runup too much to roll up. On another note, I was hoping for some advice on BTGC. Seems like a good cheap CC stock. I was thinking about picking up some shares. It's up a little bit this morning, but it looks due for a pullback. What do you think is a good entry price, about $7.00? The $7.50 strike seems to be a good return. WOuld you throw out WINS for the entry and grab it now? Thanks... Ryan