WOR can move almost 1 dollar a day, but at least 50c daily range average.
A week of down could push WOR 2 dollars down.
Thats why IMO Coverered Calls are better on Bank stocks on a dip with ex-date prior to dividend.
A Stock like WOR is better to buy lows and sell highs and average in and average out.
Just My opinion, Ive got WOR and a call sold so Im locked in and watching many highs and lows that would have been good entry and exit points
Covered Call, page-20
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
