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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sal D who wrote (7677)8/13/1998 11:30:00 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
Joe, as Amigo Mike pointed out, there is not much of a premium on APCO's short term calls right now. The covered call writing strategy, at least short term, on APCO is therefore not worthwhile. If a premium existed, then the strategy would be interesting in a down market.

Everything I'm reading is pointing to a small cap rally in early Sept. if the market can tread water for a few weeks. Hang in there Amigos.

Sergio