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Strategies & Market Trends : Calls and Puts for Income -- Ignore unavailable to you. Want to Upgrade?

To: Bridge Player who wrote (157)4/12/2007 11:28:20 AM
From: Jerome  Respond to of 5891
 
AHM, and AMD.... are two solid plays for covered calls or puts.

Another easy option is On Semiconductor (ONNN), now trading at $9.90 and the May 10's are worth .50... This amounts to a straight 5% return for a five week period.

Note: I use ONNN and ACLS for short term trading positions. As luck would have it I sold ONNN yesterday at a very small profit and bought ACLS. So ONNN has a good rise today:)


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