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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Andrew N. Cothran who wrote (1583)	7/22/2001 12:28:23 AM
From: TShirtPrinter	of 5205

Great play Andrew. Here's a slightly different twist to our CC's. After patiently waiting for what seemed like ages for a move on several stocks, Thurs.,July 12th we got the pop I had hoped for. Sold QCOM July 65's for 1.30, 70's for .30, SEBL 35's for 2ish, and RFMD 25's for 1.00. Then I got up and caught a flight to Vegas on Fri. Don't ever do that a week before expiration. My compliments to you west coasters as I experienced how to get up and catch the market running right at 6:30 am. I felt very lucky to catch as small dip Weds.the 18th and cover the QCOM 65's for $.95. My feelings were similar to yours about QCOM Andrew, but being out of touch felt really bad. Not selling more QCOM cc's until after earnings. Anybody buying for a trade? I missed you folks. Tony PS Put about $5 in .25 slots three times and won $6.00 plus my startup. What's that % return UF ? Obviously I'm not a gambler <g>

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