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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: Dan Duchardt who wrote (12310)	2/3/2000 10:33:00 PM
From: Mr. Clint	Respond to of 14162

Hmmm?? Wonder what the FREE internet service will do for KM ??I downloaded the software a couple days ago,but have not installed it as have been out of town..Clint

To: Dan Duchardt who wrote (12310)	2/4/2000 9:02:00 AM
From: Jonathan Thomas	Respond to of 14162

Herm/Dan Well, Its tough when there are no real option prices on ROST for a lot of strikes due to the low OI. So, I end up making up my own, hoping they get hit. It usually doesn't happen. I think I'm going to see where things go on this stock for a little bit. I'm worried about profit taking after a 20%+ day, but I still think there is more upside potential than down. Decent earnings, even with the .06 cents worth of legal fees / settlement cash, stock buyback, and an increased dividend payment of 15%. That should help move the stock back at least close to 20, thats my thinking anyway. The problem is there more to it than that. I don't necessarily want to wait 3-4 months to be in a position to make money on this stock. Dan, the May 17.5s @ 1 3/16 is about a 10% return in 5 months (from when I bought the stock) if not called out, much better if called out. I'm not sure I want limit myself to that kind of return, I'd almost rather sell now, make 12.5% nad move on, or sell the 15s. It may simply be that this stock just doesn't move enough to generate good premiums right now. Its a tough call. Don't be sad about being long on WCOM, although I guess it depends on your NUT. I think good things are going to happen to this stock, and if not, it will roll around this 40-50 range, ripe for the CC workhorse I know you are...:) If your NUT is 70, then you have to be careful, but if not, just work this stock, it will make you money. KM, ugh. It just doesn't move. I don't think it will go below 8, but I can't stand dead stocks sitting in my account taking up money that can be used for PROFITABLE undertakings. 2k shares just sitting there. Like I said, I still think it has upside, and if moves over 10 I'll probably sell the 10s far enough out to make a little if I get called. For the 4th time in 3 months I'm seriously looking for an entry into IFMX, anyone doing anything with it right now? Good luck all....keep the information flowing.. Ryan