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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Douglas Webb who wrote (7448)	5/14/1998 1:25:00 AM
From: jw	Read Replies (1) \| Respond to of 14162

check the spelling on industries

To: Douglas Webb who wrote (7448)	5/18/1998 6:07:00 PM
From: Herm	Read Replies (1) \| Respond to of 14162

Hi Doug and Everyone! Finally, a +15/16 (5+%) pop for CREAF. I picked up 700 shares of BTGC @ $9.00 today. The stock is selling fairly cheap since the correction and double bounce recently. Premies looking good. P/E VALUE: NASDAQ: (BTGC : $9) $424 million Market Cap at May 18, 1998 Trades at a 21% Discount PE Multiple of 25.7 X, vs. the 32.5 X average multiple at which the Drugs SubIndustry is priced. TECHNICALS INDICATORS: BTGC is coming off the bottom of $7.00+ recently. Both RSI and Bollinger Bands are positive and are approaching $10 which should offer mild resistance. Also, BTGC is about to cross over it's 50-day moving average. That may attract some attention from the daytraders. Next earnings report is due out on July 13, 1998. bigcharts.com July 10 Calls are going for around 5/8 (6.9% unmargined 13.8% margined). If you get called out your return would be $10.00-$9.00=$1.00 stk. apprec.+ $62.5 CC premie = $1.62/$9.00 = 18% unmargined 36% margined for two months time! Try doing that 6 times this year and see what your annual rate of return comes out to. DISCLAIMER: Before you invest in ANY stock market instruments, know what you are doing and what the risk/rewards are. Here is something to think about before you decide to become a CC Cowboy! cboe.com