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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 (8556)	9/13/1998 6:00:00 PM
From: Herm	Read Replies (1) \| Respond to of 14162

Wow! That is a fairly expensive speculation with a real short fuse! If you want to risk the decay in time then pick the TNSI 17 1/2 or 20 PUTs and load up big time! Use a big gun with a DOUBLE BARREL @ 3/16s to 3/8s tops. The unknown is when TNSI will rollover from the dart guns and pull-back not if it will! I like to stack the odds in my favor. The OCT. PUTs gives you more margin for error and a surer profit outcome. Reminds me of "a bird in the hand, is better than two in the bush.":-)