To: Herm who wrote (10936 ) 6/5/1999 9:34:00 PM From: Herm Read Replies (1) | Respond to of 14162
FREEBIES - Come and Get Em! Our friend Shane and company have been tweeking their freebie web site at coveredcalls.com . Other than Shane's site, I don't know of any other web site that gives you a snapshot of ALL the highest CCs premies over 10% for FREE. The critical word is SNAPSHOT! You still have to assess the risk vs. rewards for each of the stocks. But, coveredcalls.com does provide a hot link for charting right within the table data. They advocate using BB and RSI to further narrow down the selection. Bravo!!!! Sounds like the WINs approach at it's best. :-) CCing The TechStocks? Shane's added a useful new table for tech stocks to the mix bag highest % premie hit list. coveredcalls.com Moreover, they now have the DOW stocks in table form. Wow! Check out how low the % premies for the DOW stocks compared to the more rock n roll techstocks. In addition, you can add your stock of interest in the dialog by filling out your raw data. That sure makes it easier for someone to answer a question with all the right information to base the advice. I can use one of those myself. data:http://www.coveredcalls.com/MyData.htm As Time Goes By! Shane must be as crazy like me to be doing what we each do for more than two years for the public for no pay. Although, he does market a covered call calculator which you can download the demo version. Hummm, they have some programming skills? coveredcalls.com Let The Creative Juices Flow I like the pioneering spirit exhibited at coveredcalls.com . And, there is room for more collaboration on the internet. Thus, I have accepted Shane's invitation to join in and write a small column (The WINS Corner) within his newly created and evolving free newsletter. I had visions in the back of my mind to someday do a news email thing in addition to this forum. So, perhaps this is an opportunity to get some of that experience with Shane and company. I have never attempted it. And, I have a desire to do more cutting edge things than the type of boring newsletters I have read in my life time. Picture charts, streaming sound narratives, dynamic push/pull Excel web queries, etc. So join the list at listbot.com CC Quick PLAY courtesy of coveredcalls.com ;askresearch.com In the high volume arena. CD looks stable at current levels! The chart indicates a narrowing of the upper and lower BB. Possible pending upward gapper. Stocastics just turning positive! Money Flow index very positive and OBV is sky high. Over 1,500 contracts of the 20s July 99 @ 1.625 (8.13%) traded the other day bringing the total open interest to 4,045. The WINs approach here would be to buy the stock or the LEAPs and wait for the take off before CCing! CC LEAP (spread) Play The CD stock is currently trading at $20. The LEAPs 7 1/2s Jan '01 (ZUBAS) @ $13.5 is a good one. So, your strike of $7.5 + $13.5 = $21 LEAP breakeven. CCing (spread) the $22.5s AUG. @ 2 after a upward price move should not be difficult. That's a return of 12.5% by AUG if not called and the stock stays at its current price and 26% if called out. INSIDER TRADING LEAD invest.foxmarketwire.com