Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Jabil Circuit (JBL) -- Ignore unavailable to you. Want to Upgrade?

To: skidder who wrote (3770)	5/8/1998 3:51:00 PM
From: Rosemary	Respond to of 6317

Skidder, I sell covered calls when the markets look bad and only when the money flow changes on the chart. Even then I may not if I think its only going thru a sideways move type of thing. I don't want to lose my shares, so I'm not too quick to do that unless I really feel we're in for a downer. Too soon to say when it will be covered call time, if at all. I was reading a post on the Yahoo thread where someone was giving the history of JBL and the moves it makes. That may not be the case anymore now that's its on the NYSE. We just don't know. We're in uncharted territory.

To: skidder who wrote (3770)	5/8/1998 4:55:00 PM
From: Trader Ric	Read Replies (1) \| Respond to of 6317

Still bullish but sold 1/3 of my May 40 calls and received my original investment back. Learned something too. Put in a limit order of 31/4, the ask price with 2 minutes to go. Often these orders don't fill, particularily if the mm's don'twant to buy them back. Tells me the mm's expect the price to rise on monday when they snap up several orders of may 40 call's at the last minute. They even paid 5/8 premium with 5 trading days to expiration, on fairly high volume in the last few minutes!!! Anyone read this differently?