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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: HB who wrote (11885)12/19/1997 10:35:00 AM
From: The Perfect Hedge  Read Replies (2) | Respond to of 18056
 
Sorry to butt in but MRK technically is due for a nice drop.I'm looking at puts.GD



To: HB who wrote (11885)12/20/1997 8:06:00 PM
From: Zeev Hed  Respond to of 18056
 
Howard, yes, and often miss the top (g). Sometimes I'll go for months without a covered call and then when I feel a top is being approached, I'll write the calls, usually deep in the money if I think we are going down (like right now), or out of the money when I think we will churn. I often cover the calls before expiration.

Zeev


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