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Show The National Enterprise, June 29, 1977 Page five Option Market News by Warren M. Ketcham, Ph.D. Prince, Langheinrich & Greer The stock market huffed and puffed last week and managed to chalk up another gain on the Dow Industrials. The secondary issues continue to outperform the Dow stocks as evidenced by the American Exchange Index hitting its highest point in three years. Most analysts look for the market to continue higher until at lease the fourth of July, since the week prior to the 4th is statistically a strong one. Our running tally, of how call option buyers and writers are doing, continues to show writing is more rewarding than buying. Since May 1, 1975 when each index was set at 100, the June 1, 1977 index shows the following: in a Piper. Take us up on our offer and we'll take you up in our Piper. Our $5 introductory lesson is a great way to find out what flying is all about. You'll be surprised at how easy it can be to learn. Call now and reserve a time for your introductory lesson. And we will be happy to answer any questions. 2.48 (down 97.52) Option Buyer Index 136.03 (up 36.03) Covered Option Writer Index 114.89 (up 14.89) Underlying Stock Index Salt Lake International Airport - ask for Nancy call 359-208- 5 Since the first of this year, the relative record is similar. The the underlying stock index has option buyer index has lost lost while the covered option writer has just broken even. conclusion remains the same, option writing is the best So, the overall strategy and option buyers beware. 10, 80, Ogden Airport call 399-- 1 123 -- ask for Don .... . V One of our qualified instructors will accompany you and answer your questions as well as demonstrate some basics of flight. .v . f a j M. L. Roskelley Co. is proud to announce their appointment as intermountain dealer for SHELDON'S CNC TURNING WITH A PLUS . Sheldon is committed to Computer Numerical Control (CNC) turning. Why? !Tioslcelh 1817 NORTH BECK MACHINE TDDLS SALT LAKE STREET TELEPHONE (801) 355-622- 6 UTAH CITY. TELEX 388-39- 9 84116 Because CNC produces parts faster, with greater accuracy, more consistancy and in less square feet of manufacturing space. But Sheldon doesnt just sell machines. They have virtually unlimited parts program training. And personnel training-usin- g your parts, your people, their factory. Call for more information and a free color brochure about Sheldons e responsibility for the entire program of machine, control, programming and service: one-sourc- TURNCEPT. |