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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 (8235)	8/16/1998 7:26:00 PM
From: Playin my Cards	Read Replies (2) \| Respond to of 14162

Herm, couple more questions reguarding your reply. Based on the chart you put out, how can short interest be increasing? It tells me that shares short has decreased over the last 6 months. Also, should I assume ADV shown is for long shares not short. Lastly, what does the ratio* tell me? How do I interperate it? Thanks again for your help, and lets hope we gap up Monday AM! Mike Month Shares Short Avg Daily Volume Ratio* Remark 07/98 3,953,197 398,554 9.92 days 06/98 4,677,120 594,909 7.86 05/98 5,017,706 984,677 5.10 04/98 5,175,714 499,038 10.37 03/98 5,425,507 455,593 11.91 02/98 6,051,445 893,307 6.77