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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: MGV who wrote (7097)8/25/1998 1:13:00 PM
From: CuttotheCore  Respond to of 22640
 
Very positive, breaking above resistance from Friday's gap down. Imperative to hold. Also tempting. Makes for an interesting afternoon. Great deal of volatility here for writing covered calls, which trade american style, as sf recently confirmed when he was put Sept puts that he had sold. That raises the question how do you describe being put puts that you have shorted? Just saw support kick in at 5/8, 11/16.


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