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Technology Stocks : Novellus -- Ignore unavailable to you. Want to Upgrade?


To: Steve Fancy who wrote (1455)4/29/1998 11:14:00 PM
From: robert b furman  Read Replies (2) | Respond to of 3813
 
I also have sold naked put on this stock.( june 35's) .I have in the past sold june 35 puts and June 45 covered calls. This stock has been extremely volatile but within a range.

Hindsight suggests selling puts in 40 - 42 range and Selling covered calls in 48-49 range would be a repeatable excellent trade pattern.

Sounds as if you may have traveled this range before . do you have a timing method or just observing the same wide trading range ?

I really do feel like this stock is an excellent tech. benchmark stock.This is one of the few naked put situations an investor wishes would get assigned!

Hats of to you for an excellent observation.

BWDIK

Bob