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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 (8931)11/4/1998 9:07:00 PM
From: jtig  Read Replies (2) | Respond to of 14162
 
Herm, BTGC, NOVL and NEM are some stocks that have been CC and short plays recently on this thread. I have an interest in each and wondered if you could give us a brief update on your thoughts.

As always, grateful for your terrific insights, John



To: Herm who wrote (8931)11/4/1998 11:04:00 PM
From: Dr. No  Read Replies (1) | Respond to of 14162
 
Herm:

I have been watching xyln. It has tagged upper BB and RSI is high. In W.I.N.S. the other condition before writing a CC, volume must be at least 50% above average?

Please confirm. Thanks

Mo



To: Herm who wrote (8931)11/5/1998 3:00:00 AM
From: Bill/WA  Read Replies (1) | Respond to of 14162
 
Herm,
<<You broke the W.I.N.S.
rules of selling CCs only at upper BB tags and peak RSI reading to
avoid exactly this kind of thing. >>

Hanging my head in shame!!! Also paying the price.
I knew I should have posted beforehand to get your opinion.
Live & learn.
Thanks for your help
Bill/WA



To: Herm who wrote (8931)11/5/1998 4:32:00 AM
From: Johndee  Read Replies (1) | Respond to of 14162
 
Herm, I don't own INVX. I like the way it looks as far as a probable pull back. I'd like to buy some puts pretty soon. Do you think it will go to 20. I guess if I see the RSI close on a downturn,I should consider buying those puts then. The only thing that worries me is the Low multiple compared to the Subindustry. I'd hate to get caught with another TNSI again. Thanks

Johndee