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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (1456)7/12/2001 1:43:07 PM
From: William  Read Replies (1) of 5205
 
For what it's worth, I let the market come to me on both trades. On the buy, it was trading around $11.55 when I entered my limit order of $11.25. On the write, it was bid $1.05 when I entered my limit $1.20. Could have done a bit better on the buy, but the stock was acting well at the time. I need to remember the lunch time dip that often occurs, and try to take advantage of it.

Let us know if you do this trade.

William
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