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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 (7852)7/8/1998 12:50:00 PM
From: Jeff924  Respond to of 14162
 
Hi everyone, new to this thread. How about ICST for CC. I bot this AM at $15 11/16 and sold Aug 15 for $2 1/4. Beaten down semi stock, PE 12, sales $12.85,next year estimated earning $1.85,very high option price, I got 10% for Aug,it's in the money call. stock are forming base current price range, lots of takeover talks(IBM, TI), last month shooted up to $22 on IBM take over rumer. A very undervalue stock.

Just my option
Happy CC investment