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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Herm who wrote (11435)	8/26/1999 12:23:00 PM
From: RDHickman	Read Replies (3) \| Respond to of 14162

Re: Technical Indicators Herm, et al Have you seen this site? investertech.com Still working on chart reading and tech indicators. This helps me as I look at the charts! For what it is worth... Best in all you do! Herm, your new column is GREAT!!!!!!! Anxiously waiting for your CD!!!! /Dick

To: Herm who wrote (11435)	8/26/1999 1:20:00 PM
From: tuck	Read Replies (2) \| Respond to of 14162

Herm, Been away from the thread for a while (moving soon). I came across a WSJ story today that is of concern for options investors such as ourselves. interactive.wsj.com For non-subscribers I can summarize . . . Now that options exchanges have started to violate their gentleman's agreement not to poach each other's exclusive listing of blue chip options, OPRA and others foresee a much larger increase in quote traffic than they were ready for. The upshot is that OPRA may not have the capacity to handle the traffic, making the availability of real and near time option price information problematic in the near future. This is not good news. Out of Edify with a slight profit after all the gyrations. Next time, if I happen to be using more than a little margin, I will simply let myself be called out. Rolling up when starting with 25% margin turns out to be too risky with vipers like Edify. Fortunately, there shouldn't be a next time. I'll be using just a teensy bit of margin per your rule of thumb (i.e. to buy the last odd lot of shares to make it an even multiple of 100). Now simply short with some puts on QLTI. Cheers, Tuck

To: Herm who wrote (11435)	8/26/1999 4:41:00 PM
From: J. P.	Read Replies (1) \| Respond to of 14162

Did you notice Ross Stores announced another split today? Remember that CC tutorial you gave with the last split? biz.yahoo.com Thursday August 26, 4:18 pm Eastern Time Ross Stores sets two-for-one stock split NEWARK, Calif., Aug 26 (Reuters) - Clothing retailer Ross Stores Inc. (Nasdaq:ROST - news) on Thursday announced a two-for-one split of its stock. The split would be paid on or about Sept. 22 to shareholders of record as of Sept. 7, the Newark, Calif.-based company said. Shares in the company fell 12.5 cents to $42.31 on the Nasdaq trading system on Thursday. The split was announced after the close of trading.

To: Herm who wrote (11435)	8/26/1999 6:10:00 PM
From: Dan Duchardt	Read Replies (2) \| Respond to of 14162

Herm, I finally climbed aboard the CC train with a write on IFMX. Sold the Jan10 for 11/16 yesterday, putting my NUT at 5_3/4 after a long term hold of the underlying. Based on the 7_1/2 price at the time I sold the calls, the NUT would be 6_13/16, so if called at 10 the return from here forward is about 47% over 5 months. I still have half my shares uncovered hoping to take advantage of a continued climb. I'm not sure which charts are most significant, but the daily chart is not showing the declining RSI, the OBV looks to be turning up, and stochastics appear to leave plenty of room for advance. Depending on the overall market of course, but breaking $8.00 looks to me like a real possibility. iqc.com Dan