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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: PoetTrader who wrote (2091)8/18/2001 6:48:37 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> Sanmina... it's now at 19.00... I could sell a call at a strike of 10.00 for 9.00. I would make the premium...

Now that you've been caffeinated, I'm sure you recognize that there is no time premium in this deep in the money call. You'd be better off selling the stock for 19, provided you can find something productive to do with it in the next month.

Aren't you a little young to be having a senior moment <gg>?

duf
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