Some Stocks in the News

Well, Apple had awesome earnings, but their revenue was off a bit. Down it goes. Not much and it will recover quickly. It's making so much money, and it has so much money. One stock we're using for Writing Covered Calls is OAS, or Oasis Petroleum. It's up nicely, in the high $11 range. Good news today: Demitry Balyasny, manager of an Asset Management Fund of the same name, just announced in a 13G SEC filing that it is buying 10,000,000 shares. That's good news. We'll see what it does to the stock in this range. The premium for Covered Call Writing are quite nice.

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