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.

Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (23758)	12/9/1999 9:53:00 PM
From: manohar kanuri	Read Replies (1) \| Respond to of 25960

Why would you infer a correlation between covered writing activity and an increase in short positions? manohar

To: Jerome who wrote (23758)	12/9/1999 11:52:00 PM
From: Curlton Latts	Read Replies (2) \| Respond to of 25960

ha ha haha "tears in my eyes" he hehehehehe CYMI is a terrible covered call and that is precisely why it is being recommended. I've said it before and I'll say it again "don't touch options". It is a rigged game. Go to Las Vegas if you want to gamble at bad odds. Here's an example from today's action on what goes wrong for covered call writers from someone who has argued for it on this thread. techstocks.com There is a concerted campaign to dupe long holders into writing covered calls to save the desperate lost short position in this stock. This stock is gonna be a screaming 5-bagger winner for those with the guts to go long here and "sit tight" through the volatility. The knucklehead smith that has been trying every stupid, obvious trading trick in the book (i.e. gaps, flooded trades at open and close) to cool the market for this stock is gonna get taken out horizontal. Good Luck To Each And All Curly ~~~~~~~~~^^ [6.6] ......> [_]