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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: JGoren who wrote (4982)7/24/2008 6:15:08 AM
From: Hepps   of 5205
 
JGoren,

I've got some QCOM Aug 50 calls that I sold on 30% of my position. I think that I'll see some retreat in the future when somebody spreads a false rumor...That said, I'm not writing any more calls until I can get a feel for the action.

I'll be surprised (But not disappointed) if I can't write 50 puts in mid August for a decent return.

Good luck to all,

Hepps
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