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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (46384)3/21/2000 4:27:00 PM
From: Yogizuna  Respond to of 94695
 
It rallied pretty nicely today. Stochastics were oversold, and there is some support around the 50 area. The call premiums must be pretty good considering it's 52 week range and volatility.
I'm with you, new buyers should consider writing calls to limit their downside exposure, while they could still achieve very nice gains if the stock continues to rally.
Yogi