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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 (8883)	10/27/1998 8:37:00 PM
From: JimsJeeps	Read Replies (1) \| Respond to of 14162

Hi Herm and fellow WINS Warriors, Looks like NOVL maybe ready to withdraw. The volume today was about double the 30 day average. Closed unchanged for the day. I bought 3 Jan. 12.5 puts at 13/16 last week and 3 more today at 9/16. Someone stepped up to the plate and bought 200 Jan. 12.5's @ $1 before I made my trade last week. Do you suppose Wade lurks on our forum???? Hope to see a nice withdraw, maybe to the 12 range. That would make for a nice short term profit. Lets hope that this doesn't turn into another TNSI! Any other opinions are greatly appreciated. Good trades to all.......Jim