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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 (8455)9/2/1998 12:57:00 AM
From: David L. Hoevener  Read Replies (1) | Respond to of 14162
 
I guess I don't quite understand. It looks to me that COF is oversold by the Bollinger Bands and the RSI as shown on Doug's charts. Please correct me. Thanks in advance.



To: Herm who wrote (8455)9/2/1998 6:13:00 AM
From: Andrew Williams  Read Replies (1) | Respond to of 14162
 
Herm thanks for keeping BSX on your radar screen. I bought Sep 65 P last week at .5 and sold yesterday at 1.5. My current read of the situation is that BSX has bounced off lower BB and RSI has turned upward. Also, they announced a 2-1 split which may keep the stock higher short term. Although, I think they will tank the quarterly numbers it may be best to find better bear puts elsewhere.

What do you think?

P.S. I wish we had a good forum for DJX options. I am in Paris on vacation and spent yesterday afternoon(9:30-10:30 EST) legging out of a couple of bear spreads. I couldn't get my Schwab account to move fast enough which cost me $$$ in potential profits. What a way to spend vacation - glad I had my laptop with me. (Although, my wife wishes I left it home)



To: Herm who wrote (8455)9/2/1998 9:23:00 AM
From: Rupert Gittens  Read Replies (2) | Respond to of 14162
 
Sir, What is a bear trap? What do you look for? Last of all how do

you take advantage of one??

TIA
Rupert Gittens