WEYMOUTH, Mass., Feb. 29, 2000 (PRIMEZONE) -- If you're slightly bullish or think a stock will trade around its current trading price then The Covered Call Strategy may be a great way to generate income for your account. Covered call positions and can also help you pay down margin debt while also decreasing your entry point.
TheCoveredCall.com is focusing on several stocks for April. They include Amazon (Nasdaq:AMZN) which if wins a patent for its affiliate program system could alter the flow of e-commerce. At Home (Nasdaq:ATHM) facing challenges with AOL/Time Warner's opening their high-bandwidth pipes to every and all ISPs, Lycos (Nasdaq:LCOS) recently reported better than expected earnings, but considered overvalued by analysts, and Net2Phone (Nasdaq:NTOP) which is rumored to be talking with America Online. "We believe long-term holders should look at different strategies to profit from their stocks and feel the covered call strategy is a great way to do it.
TheCoveredCall.com, http://www.thecoveredcall.com is a leading Internet-based stock information service specializing in the C-A-N-S-L-I-M Strategy with a Covered Call twist which works great with 401k, IRAs and other cash/margin accounts.