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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: David L. Hoevener who wrote (8513)9/11/1998 7:59:00 AM
From: Herm  Read Replies (3) | Respond to of 14162
 
Hi David,

The short covering started yesterday. The CATP price swings were huge! I'm covering my short @ $25 1/2 limit sell today. There may be a minor CATP bounce back starting late today. INTC better than expected earnings may fuel some technology bounce back for the short
run. Hold off on those spreads until CATP bounces. $22 still is the longer term outlook for CATP.