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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (627)	5/18/2001 3:15:30 PM
From: cfoe	Read Replies (2) of 5205

Dale - I am in a similar situation, but decided to wait until today to see what to do (since I could be by my computer most of the day). I expected combination of DELL/PALM news and May max-pain at $60 to keep stock below or at least not much above $65. I write this 50 minutes before the market close and I am checking Island screen every few minutes. Stock keeps flirting with $65, so I may have to drop a few cents plus a commission rather than take chance they will expire worthless. We'll see. UF and FL: Either way I go, I will have made money on my third try and have earned the first HTD award. Will post final results after 4pm (edt) and will await info on award ceremony <vbg>.

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