SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (6921)7/18/1998 9:07:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Ken, that's what I suggested to Cary in private discussion. I do feel that APCO has been laying dormant enough time and should be waking up from its nap soon. Selling covered calls is great insurance though.

Sergio



To: Ken W who wrote (6921)7/18/1998 10:15:00 PM
From: James Strauss  Respond to of 29382
 
APCO...

>>>Perhaps the a way to play APCO would be to buy the stock and
write covered calls on it?
<<<
**********************************************************************
Ken:

I've done that successfully in the past... If APCO makes a 3 to 4 point run, writing in the money covered calls should have a high probably of success... Even if your stock gets called away you would have a 30% to 40% gain from present levels plus the premium...

Jim