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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	3/1/2002 3:26:01 PM
From: Uncle Frank	Read Replies (3) of 5205

Anyone else writing on this spike? I covered my ntap with nuldd's (april20) at 1.55, and qcom with aawdh's (april40) at 1.40. My assumptions are that today's rally won't be sustainable, and I'll have opportunities to close these positions favorably before April expiry. I almost pulled off a great play with my sebl april35s, but I missed closing them by a dime yesterday. Guess I'll just have to do it the hard way, like usual :-). duf

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