Good Insurance
Just
a reminder, I’ll be speaking on the afternoon of Saturday October 14th at the TradingMarkets2000 First Annual Traders
Conference. I’ll also be available for one-hour private workshop held later
that day.
I’m pleased to announce that we recently launched the Trader’s
Galleria. Check it out, there you’ll find books, software, trading courses,
computers and just about everything else a trader needs to be successful. You
can even pre-order my upcoming book on swing
trading at a 20% discount.
face=”Arial, Helvetica”>Aviron
(
AVIR |
Quote |
Chart |
News |
PowerRating), mentioned Thursday night and on the Pullbacks
Off Highs List, may still provide an opportunity for
covered calls. You can buy the stock for 52 7/8 and sell the November 60 calls
for 4 7/8. This represents
approximately a 23% return (more than 150% annualized, based
on 43 days until expiration) should the stock be called
away.
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Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, appears to be resuming its uptrend. Look
for buying opportunities in calls and call spreads here.
width=”470″ height=”320″>
Broker/dealer
(
$XBD.X |
Quote |
Chart |
News |
PowerRating) appears to be stabilizing in a deep pullback. Ditto for banks
(
$BKX.X |
Quote |
Chart |
News |
PowerRating).
Look for buying opportunities in calls and call spreads here.
Best
of luck with your trading on Monday!
P.S. Reminder:
Protective stops on every trade!