SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BirdDog who wrote (37)4/19/2001 11:56:53 AM
From: Dr. Id  Read Replies (1) of 5205
 
Here's a scenario that I could use some input with:

I sold SEBL Apr 35's for $2.

I can either:

Buy them back for 6.90
Roll forward to May 35's for 8.40 (+$1500)
Roll forward to May 40's for 5.20 (-$1700)
Let it get called away.

Any suggestions?

The other problem I'm facing is having sold May NTAP 15's for 3.50. If I want to find a way to hold onto NTAP, do I:

Buy them back at a BIG LOSS (6.80)
Buy back half and wait to see what happens in the next 3 or 4 weeks (insuring that I keep half of my position)
or...
Wait and see.

Dr.Id@reinforcingthedummyidea.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext