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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: cfoe who wrote (642)5/18/2001 4:01:53 PM
From: TShirtPrinter  Read Replies (2) of 5205
 
3:55PM

I caved and covered @.20. Thanks to CFOE and I still did OK for a few days on QCOM May 65's.

I'm not sure I have read this in our discussion, but I had covered RNWK @ 12.50. It jumped and it appears I will be called out since it's over $13. My cost basis is $53 and I could use the tax loss, so I bot before the close an equal number of shares I'm going to lose on Monday. Hopefully, I'll see the stock improve, over a very long time I know, but I'll also have the loss. Is this cool?

Thanks again CFOE,

Tony
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