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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 (8640)9/20/1998 8:54:00 PM
From: Dnorman  Read Replies (1) | Respond to of 14162
 
Herm: Have you seen the site John Bollinger has on his Bollinger Bands at investnbest.netmegs.com ? I was just curious as to what you think of it?

Dennis



To: Herm who wrote (8640)9/21/1998 3:32:00 AM
From: Bill/WA  Read Replies (1) | Respond to of 14162
 
Herm,
I'm trying to evaluate a play (Puts)on Micron Tech (MU).
Still creeping up to the upper BB's & RSI still showing upward movement (previous 3 RSI's have been in the 70's & 6o's).
I especially take note of msg.#38513 on the Micron Only Forum, (sorry, don't know how to hyperlink).
Question - looking at the Jan 30 Puts (4 3/8), wouldn't they be considered relatively high?
My thoughts are to see just how high MU will go (possible mid to upper 30's). In that range, how much would you think the Jan 30's would drop??

Thanks again for this great forum,
Still learning,
Bill/WA
ps - will be in Palm Beach Cty in Nov. (daughters wedding). Think I'll stop by the 'Old Bill's Marina' ;-)