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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 (8289)	8/19/1998 7:58:00 PM
From: Andrew Williams	Read Replies (1) \| Respond to of 14162

Herm and board, I would like to get your thoughts on another stock as a cheap put candidate: Boston Scientific(BSX). It hit an all-time high today, it is near top of BB and RSI at 60.17. Short interest (according to Yahoo) is 8.82 Million or 10.82 days. They announced FDA approval on a product recently, but I think that is already built into the price of the stock(maybe overpriced into the stock). There are also some other fundamental arguments that could be made to sell/short the stock. Your thoughts?

To: Herm who wrote (8289)	8/19/1998 9:06:00 PM
From: Caroline	Read Replies (1) \| Respond to of 14162

I bought back August DELL 120 covered calls today. Made 2 points on them. Now I'm just long the stock. Didn't want to be obligated to sell my long stock at 120. Any thoughts? Thanks.

To: Herm who wrote (8289)	8/21/1998 6:15:00 AM
From: Riskmgmt	Respond to of 14162

Herm: Futures down 9 points as I type this with most of Asia and Europe down big. I am so grateful to you and this thread the W.I.N. formula has saved my bacon. Intel should end about the $85 price today is my guess, great for me. Question is will it bounce next week, it will announce new chips on Monday and $85 has been a good support. I am trying to decide weather to go long at the money calls as you suggest. Thoughts? Csco still looks strong but can it continue if market tanks? regards, Ray