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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (201)4/24/2001 4:55:13 PM
From: Judith Williams   of 5205
 
came across as lecturing

Not at all. It was a great post. And the difference between "ballpark" calculations and precise ones you point out gets exaggerated over time. I use the shorthand method mostly because I like to keep straight how my underlyings are doing and don't like to adjust the basis for that reason.

Unfortunately, the underlyings are underlying at this point.

On JDSU, also agree that prospects should improve in six months or so, but it's been a painful process and doesn't seem to be over for the short term.

--Judith
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