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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Kayaker who wrote (3032)	11/16/2001 10:24:16 AM
From: Andrew N. Cothran	Read Replies (3) of 5205

High roller report: Since I have reported my QCOM option trades here for the past few months, I might as well continue. I covered my November 55's day before yesterday at 2.80. This represented a loss of 1.00 or $1000 on ten contracts. This morning, I am attempting to recover my loss by selling 20 November 60's at .60. I got the trade off and if it expires worthless, I will make $1200. Talk about high rolling??

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