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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Mike Buckley who wrote (3846)7/18/2002 1:07:34 PM
From: JohnM   of 5205
 
There's nothing like a lousy earnings report and conference call to help me generate covered call income while in the mean time I go absolutely broke.

Ditto but the cc income doesn't hurt.

On July 16th I sold the Siebel Aug 12.50 calls for $1.35; bought them back this morning for $.35. $1 a share is not bad. But those were written on only a portion of my holdings. The rest of them would have loved to have seen a different quarterly report.
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