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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 (7987)7/28/1998 7:12:00 PM
From: CCWriter  Read Replies (1) | Respond to of 14162
 
Herm,

Since we only want to CC solid stocks, please tell me a little about why you think these stocks are good stocks to own. What fundamentals do you look at and what is compelling about each of the stocks on this list.

Thanks,
blaine



To: Herm who wrote (7987)7/28/1998 10:23:00 PM
From: Douglas Webb  Read Replies (1) | Respond to of 14162
 
I'm still not sure about your target bottom for BTGC...

I know it's been down as far as $6, but it looks like it's got real strong support between $7 and $7.50. I think it just might hold on at the current level, like I predicted on the BTGC board.

It's that 50% point in the recent rise; that's very often a strong support/resistance level. I've seen it mentioned in relation to lots of different indicators, and I can kindof understand the market psychology which would enforce it...

Doug.



To: Herm who wrote (7987)7/30/1998 7:43:00 PM
From: Russ B  Read Replies (1) | Respond to of 14162
 
Herm:

Thanks for the heads up on those stocks. I'll check them out.

I am finding it hard to locate your discussion on recovery spreads,
other than to point me to Doug's site. Can you point me to where
you explain this in depth?

I am assuming this is the same as a ratio spread found in McMillan's.
If so, and if I am employing buying puts at the top of the BB,
when would I use this as a strategy?