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 (12172)	1/13/2000 10:28:00 AM
From: Jonathan Thomas	Respond to of 14162

Herm, I couldn't agreee more with your analysis. IFMX looks to have some short term upside after that little sell-off. I'd say between 11.50-13.00. Long term is a little harder to tell. dB companies like Oracle are going through the roof, and the IFMX charts are a little harder to read on the weekly level. If I were to (educated) guess, it looks like it will be establishing a new trading range in the 9-13 range. OBV is very high, but RSI,BB,STOCH. still have some long term room to the upside. I think if it meets earnings, and no real news comes out, it starts to trade a current levels, but it could easily break out to new highs on some news or very positive earnings. I sold puts on SKS and WCOM yesterday, got WCOM just in time, as it has headed north after all that selling. Just my thoughts... Ryan

To: Herm who wrote (12172)	1/13/2000 3:56:00 PM
From: David Lind	Read Replies (2) \| Respond to of 14162

For the thread: I'm looking for a new broker. Currently with Fidelity, which is a great operation, but their margin requirements of 30% for uncovered are killing my strategies. Any recommendations, please? Needs: Good web page, selling puts and calls on the web, decent commissions and 20% margin. I don't need any other frills. Anyone using Brown with success? Thanks! -David

To: Herm who wrote (12172)	1/14/2000 11:48:00 PM
From: PeterCS	Read Replies (3) \| Respond to of 14162

Hi,I am new to this thread and also fairly new to cc's. Herm or anyone else who can help and would tell me what they would do in the following situation. I bought IFMX at 7 15/32 and waited for it to move up and then wrote the IFQAU option (Jan 7 1/2) for 2 1/8.Using the Wins system I should have done something at 9 19/32 but I didn't.I still need to learn to control my emotion and just act. At this time IFMX is at 11 and and IFQAU is at 3 1/2. With just a few more days left I do not know if I should just let it be called away. I will make 2 1/8 in about 3 months, or would it be better to roll up and out? If you feel I would do better to roll up could you tell me what option you would consider. All help would be appreciated.