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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Andrew N. Cothran who wrote (3844)	7/18/2002 9:11:56 AM
From: alanrs	of 5205

Yes, I got that, but was surprised to see so much effort to get it there 3 days before expiration. I was thinking that large options players might be trying to close out positions ahead of expiration, and wondering what their thinking might be to prompt such a move. Since I don't really understand the workings of a large player, I'm more inclined to play the next month out, and did in fact do that 3 times (the proverbial hat trick) on the Aug. 30's over the last 10 days or so. Just wondering why so much capital seemed to be going into the effort so early in the week. ARS

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