The Covered Calls for Dummies Thread Message Board

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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Mannie who wrote (601)	5/16/2001 6:06:42 PM
From: Pat W.	Read Replies (2) of 5205

After Aprils expirations took me out of virtually every position, I sat mostly in cash, observing the last month. This morning I bought and wrote June cc's on GMST & EMC, and will be watching QCOM....looking for some softness back around 60 to re-enter it. Since this is the dummies thread, I will ask what may be a stupid question. In doing buy/writes, why be concerned with what the price of a particular stock may be at the time? It seems the premium % remains about the same. tia patw

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