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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?

To: Big Dog who wrote (13480)	3/3/1998 11:11:00 PM
From: Thean	Respond to of 95453

Big Dog, why didn't you send them to your favorite shipyard?

To: Big Dog who wrote (13480)	3/3/1998 11:17:00 PM
From: sand wedge	Read Replies (1) \| Respond to of 95453

his dawgedness, having you here is just like having a "cousin in the carpet bidness"

To: Big Dog who wrote (13480)	3/3/1998 11:20:00 PM
From: JGreg	Read Replies (1) \| Respond to of 95453

Drilling contractors may not be thrilled, but maybe helping the oil companies be more comfortable with long-term contracts will help them too (the drillers). Big Dog, you're not interested in making money, you just enjoy helping people!

To: Big Dog who wrote (13480)	3/3/1998 11:26:00 PM
From: Alski	Read Replies (1) \| Respond to of 95453

BD, Have you checked out the latest version of Doug's Slick Option Page at webbindustries.com lately? Also, TMAR shows up at coveredcalls.com for April. Alski

To: Big Dog who wrote (13480)	3/4/1998 8:37:00 AM
From: SJS	Respond to of 95453

I can look at them and suggest something. What's your entry point for MDCO? The 20's may be ripe, let's see today. We've got to get a handle on the magnitude of this current leg. If this is the start of something, I'm with you...stay nekkid and watch the premium rise. The only problem I see is that most of these are right near their strikes now, so the risk of call-a-way is high for March. If that is "part of the plan" then, fine, write away. I would wait a day of so and let the option get in the money, and then write. A little longer out, I just sold RON 80 calls for MAY. On the PUT side, If MDCO looks strong (and you are bullish), you might want to sell some puts, like the 22.5's for MAY for 4 5/8's or even the 25's for 7 and change. If she runs up, HEDGE your gains with MAY 17.5 puts (you would buy these) for cheap money or the 20's for a little more. Can MDCO get to 23 or 24 by MAY? I think so. If you want to do covered writes, the April 20's are 1 5/8 but the May 22.5 are 1 1/4. Neither has a lot of premium for 7.5 more weeks (April) or 12.5 weeks (MAY). Stock could easily jump there in a matter of days, especially since mergers are somewhat fueling this current rise. I'll look at EVI, but don't follow it.