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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (3476)3/6/2002 10:59:31 AM
From: Victoria Walley   of 5205
 
With less than 2 weeks to go until expiration, you probably did the right thing. I don't think any of us need to worry about our stocks running away from us in this market. No time value left in your Mar 35s, the only thing you could hope for is an increase in intrinsic value. No guarantees there. You have your original capital left plus a dime for your trouble. Now look for your next play!

I had a few plays last year where I cleared $2, $8, and $9 after commissions but they sure beat the shellacking I took on RMBS!!
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