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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (3898)8/1/2002 8:50:51 PM
From: TShirtPrinter  Read Replies (1) of 5205
 
Greetings UF,

Bot some PCS in the $2.82 range a few days ago. Got a pop and sold Aug 5's for $.30. Of course, then I thought about you talking to me about picking up pennies in front of a moving freight train <g> So I doubled my position in PCS and for now will let the CC's ride. Very little action in these anyway.

Tony

Disclaimer. Looking to establish a larger position in PCS in hopes they make a big splash in a couple of weeks turning on their 1X system. Seems like they have enough $ to last now.
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