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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 (8803)10/12/1998 6:30:00 PM
From: the options strategist  Respond to of 14162
 
Herm was looking at it today. Thank I'll jump in tomorrow. Also been keeping an eye on TNSI waiting to enter for a put. What is going on with this stock! I'm going to go long a put when/if it reaches 30.

May become a roller.

Thanks.



To: Herm who wrote (8803)10/12/1998 6:33:00 PM
From: the options strategist  Read Replies (1) | Respond to of 14162
 
Herm didn't read your message clearly before I responded to you.

Would you wait for a double bottom? Are you going to play it? Let me know if you do and when you enter.



To: Herm who wrote (8803)10/13/1998 10:16:00 AM
From: Scott  Read Replies (1) | Respond to of 14162
 
Well Jen, It's Oct. 12 and FORE looks like it's ready to run. Got a nice popup today!

FORE dumped on 10/1 because it warned about revenues. Since it will post earnings in two days, wouldn't it be wise to wait and see the reaction?

The other choice is to buy now at 10 3/8, write Jan 10's at 2 1/4, and buy two times as many Nov 7 1/2 puts at 7/16 in case it dumps again after earnings.

What do you think of this, Herm?

Scott