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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: William who wrote (1034)	6/11/2001 10:39:25 PM
From: Sig	Read Replies (1) of 5205

Re: Stor calls Thanks William: Yes it was the Osukds. Nov 20's, not leaps OK, I see one can retain some downside protection by selling the next month call immediately after buying back a call. Stor is not my 'big name' stock since I am new to it. If it was I would buy the leaps, as I do with msft etc. So it wouldn't hurt me too much to lose the stock, while adding supreme joy to the lucky call owner who gets it for 20 when its selling for 95. Jimminy cricket, this is options Friday week again ? How time flies I met Uncle Frank on the Q thread, great guy.I sent a thousand head of young Q's over there and left them with Spud Farmer to handle and raise while i went back to Dellacres across the river.. He done a real good job until the Plaque struck and wiped out a lot of the herd.. One more question... If a stock is at $20, is it your preference to write ATM calls, or $22 1/2 or $17 1/2? Regards Sig

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