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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (2034)8/15/2001 4:44:29 PM
From: golfinvestor   of 5205
 
<With 2 minutes to the market close, it looked like my limit order wouldn't be high enough to allow me to close my qcom cc position>

UF,

I too had a similar experience, yet with a different strike price. In a taxable account I:

wrote qcom sept 80 on 8/2 for 1.20
closed on 8/15 for .40 (at the closing bell)
net .80 in less than 2 weeks.

This Dummy wants to thank all of you for sharing your insights and knowledge on this thread.

Golf
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