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: Uncle Frank who wrote (3892)7/31/2002 1:46:15 PM
From: JohnM   of 5205
 
I wrote August 7.50 calls on Juniper on 7/10. Option premium was $.70. They were buywrites, bought at $6.95. Only way I get uncomfortable with those is if Juniper goes to 3.

I've been waiting to see some Siebel September 10 or 12.50 calls but the premiums don't seem high enough yet.

Whoops, also did an NTAP buywrite on 7/26. Bought at $9.36, then sold Sept 10s at 1.25. Again, since they are buywrites, the only way I get uncomfortable is a dramatic reduction in the value of the underlying.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext