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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Mike Buckley who wrote (2392)9/10/2001 12:16:04 PM
From: Uncle Frank   of 5205
 
>> I'm now completely uncovered. Qualcomm Oct $70 calls that I wrote for $2.90 on August 22 were bought back today for $.55.

You're turning into a fine "timer", Mike. Who would have thought it?

Based on the intraday chart, you may have picked the day's bottom to close out your short calls.

finance.yahoo.com

cuf
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