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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: MeDroogies who wrote (17402)7/17/2002 10:53:16 AM
From: Jerome  Read Replies (2) | Respond to of 19079
 
ORCL is holding up well...If ORCL hangs over 10 for the day, then writing some covered calls at the 10 strike will be a safe play.
1) write the call on a spike in ORCL (10.50 or more)
2) Undo the call when ORCL trades at $10.00 or less.

More art than science....more luck than skill...but if you try nothing...you get nothing.

JMO...Jerome