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 Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: daryll40 who wrote (14128)12/3/2003 7:26:13 AM
From: DominickRead Replies (1) of 14162
 
Since you didn't take possible outcomes into your strategy before you made the trade, NCC appears to be in a resistance area. I believe there will be a pullback to 33.55 to 33.23,which will kill some the time premium as well as stock price. Then take the loss.

Dominick
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