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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: Casaubon who wrote (9511)	1/23/1999 9:38:00 AM
From: sergio	Respond to of 14162

I will attempt to answer some: find out which "industry group" a stock belongs to, and the relative P/E with other stocks in its class? Stocksmart is a paid subscription service (now) at www.stocksmart.com provides this info. I used it two years ago when it was free. I am not sure if historical (anything passed two months) would be of any help since options are by nature time sensitive. Perhaps you can gleam some passed major company news/announcement or earning reporting date. Anyhow CBOE and PHLX have quotes, volume, and open interest, PHLX is a tad better because it tell you the greeks and theoritical value (off course you have to know what the assumed volatility). I don't remember if it has implied volatility or not. Option open interest to me is not a factor when doing CC. It is the amount of premium I receive. An example, would be ASYT, at 23+, a Feb 25 call at 2+ is a very very nice premium with three weeks to go. I do have a CC on this. Upside break even at 25.5 for me, downside break even at 21.5. My rule of pinky <g> is 10% for three weeks plus sitting high on bb and RSI over 70 and I do it. free delayed quote and charting, not sure of good intraday indicators can be had at quote.com. Good luck, sergio P.S. Anyone found an online broker that can do net debit/credit spreads? At discounted cost off course!