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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Dr. Id who wrote (2752)10/16/2001 1:38:13 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> While we won't know in the short term whether or not it was a good decision until Friday,

We could know earlier if this was a delayed roll out play designed to capitalize on the earnings run.

>> we won't know for certain unless the stock maintains it's current level.

Since that's only meaningful at the time Mike liquidates the position, we'll have to wait a decade or two before we pass judgement.

duf
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