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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 (7883)	7/14/1998 7:51:00 PM
From: Herm	Read Replies (2) \| Respond to of 14162

Hi Everybody! Consider the BTGC Warrants? Another nice BTGC price move today on good volume. BTGC closed at $2.97 up +7/32s or 2.8%. What is REALLY interesting is the action in the BTGCL warrants which closed at $2.51 11/32s or a fantastic 13.09%. The warrants can be exercised at a strike price of $5.49 per BTGC regular share until Dec. 31, 1998. So, $7.97 BTGC stock price - $2.51 premie= $ 5.46 is just .03 pennies away from being in the money to exercise the warrants. Of course, you can go ahead and just trade the warrants straight for fantastic returns. Check out the BB and RSI in the chart below for the BTGCL warrants. You can clearly see the pivot points. It might be a good way to use the CC premie monies to leverage your positions or exercise the warrants to average down your BTGC position. bigcharts.com. Hey, there is even a web site (http://www.stockwarrants.com) that provides leads on warrants.