Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: Mario who wrote (9799)	3/1/1999 12:19:00 AM
From: Rupert Gittens	Respond to of 14162

Herm I received my WINS email,but it was empty. Would you please send it again. RupertG (r4194@intercall.net)

To: Mario who wrote (9799)	3/1/1999 8:33:00 AM
From: Herm	Read Replies (1) \| Respond to of 14162

Hi Mario, I own 700 shares of BTGC and I have been slowly lowering my net cost basis (nut) through CCs, shorting against the box, and cheap PUTs. All of the WINs tools except maybe the shorting the stock part. So, BTGC has traded in a $5.50 to $7.75 range for some time. I got in around $8.00 and my cost is down about $6.10 and I plan to buy more at around $6.00 to average down and make more from CCs as BTGC cycles back up. Watch the trading volume! A reversal will most likely occur on a day when the BTGC trading volume exceeds 50% to 75% of normal. They will scare the weak hands and then buy everything up and move the stock back up. There is no bad news and the big money with cover the shorted shares and pump up the stock! BTGC has not shifted into gear yet. BTGC is not the only stock I own. For example, I also own IFMX which had a fantastic rise over the past three months and has since been going down! The point Mario is to apply this WINs and use the right tools to grab the profits. It's like a good tennis player that can hit forward and backwards with equal power to score! You have to apply all the tools at some point along the way.