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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: Herm who wrote (7751)	6/24/1998 4:56:00 PM
From: Cesare J Marini	Read Replies (1) \| Respond to of 14162

What a chart... CSCO sure loves to hug that upper Bollinger Band...

To: Herm who wrote (7751)	6/24/1998 8:14:00 PM
From: RayV	Read Replies (1) \| Respond to of 14162

Herm Did you see the sharp rise in TECD? In terms of BB and RSI, is this an unusual occurance and how would you handle it? For example, if calls had not yet been written might it be better to wait until the RSI turns down again? Fundamentally this move looks good to me. TECD has spent time higher than this not so long ago. Just thought a look back at a stock that has been a workhorse on this thread might be interesting. Thanks. Ray

To: Herm who wrote (7751)	6/24/1998 8:45:00 PM
From: Jim Seiler	Read Replies (2) \| Respond to of 14162

I'm new to this board, but I just sold (naked) some CSCO puts collecting the premium and betting that the stock will drop enough to have it put back to me at a lower price. If it goes thru the roof, I've collected the premium, if it goes down below the strike it will be put back to me... worst case is it tanks and gets put back to me at a much higher price. Anyone else have any thoughts (good or bad) about this strategy in general? Jim