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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: Douglas Webb who wrote (8627)	9/19/1998 4:49:00 PM
From: Herm	Read Replies (1) \| Respond to of 14162

Hi Doug, I'm long with 700 BTGC shares and very bullish Doug. But, the chart is the tool to watch for buying and selling points. From a timeline stand point, the OCT earnings report is a LONG time away when it comes to stock price movements. Eventually, I can see a $10 price for BTGC. But, BTGC keeps moving this fast it will hurt the stock when the profit taking sets in! I want 300 more BTGC shares on this next pull back! At this point my nut is low enough that I don't care if it moves sideways after I buy more shares. I will just keep on CCing and racking in CC premies! You Jan. 5 calls are in the money now! Exercise BTGC with a buy/write and you will be sitting pretty!