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Strategies & Market Trends : Covered Calls -- Ignore unavailable to you. Want to Upgrade?


To: Herm who wrote (31)5/9/1998 3:21:00 PM
From: tchphysics  Respond to of 86
 
Thanks for the advice Herm.

On another subject...and this is for anyone that may have input, Herm included:

I have been looking for other sources to generate ideas for potential covered call plays. I found two sites that offer good information for free. They are:

coveredcalls.com

securitytrader.com

Both are excellent sources to look for stocks that are currently carrying high options premiums. Covered Calls.com has a cool feature in that if you click on a stock symbol from the list, it links you to Yahoo Quotes where you can read message boards, find research, charts and news. It also has links to charts with Bollinger Bands and RSI indicators for each listed stock. The Security Trader site, has links from within the generated lists that take you to Yahoo Quotes, CBOE options lists, and also Big Charts (which offer many features including indicators). From these lists I examine the stocks to look for ones that I think have merit and value based on fundamentals.

I have also been using another source called Money Monthly that I am currently examining using their free one month trial. That site is:

money.monthly.com

If you haven't already done so, you can go to the above site and request their free one month trial. I am finding it quite useful as it was this site that tipped me off to CLCX. This site does not offer the links to data as the above sites do, but seems more complete in its lists of data. For example, neither of the above two sites showed CLCX, while Money Monthly had it listed. I am seriously thinking of signing up for this site's $89 per year data service.

Are there any other sites out there that offer similar data? I've found some that charge $20-$30 per month, but I think this is excessive, in light of what is available for free and relatively cheaper prices. Let us know if any of you are using other sites to find data or develop potential plays. If you are using a pay service, give us a review and let us know what you think?

Jeff



To: Herm who wrote (31)5/10/1998 5:11:00 PM
From: Robert H.  Read Replies (1) | Respond to of 86
 
Hi Jeff,

I've been lurking on your thread for the past week or so and would like to congratulate you for your call on CLCX. I also picked up on CLCX from Money Monthly; and as you, I was thinking about a membership.

I don't know if anyone has tried Stricknet.com as yet, but they certainly did pick a winner with their "Pick Of The Week" on 4/19/98.
CEPH at 28.57% return in 14 days.

This is a pay as you go site. I also don't know if site is updated on a regular basis, as today they have same info as 2 weeks ago. You might check it out.

Over the past 2 yrs I've been playing mostly just puts and calls. Big winners and losers. ...Now,Covered Calls let me sleep at night.

Keep up the thread; and thanks to both you and Herm for taking the time and energy on both of your threads.

Robert//