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.
Technology Stocks : Snyder Comm SNC(NYSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David Helms who wrote (63)11/3/1999 4:08:00 PM
From: ccportfolio  Read Replies (1) of 67
 
David, Starpopper

I can't imagine that I was the only fool yesterday...after 20 years of doing this, it was the first time I've ever made this mistake.

I bought back my positions this morning for a quick $900.00 loss... Thankfully, breaking even with a non-adjusted covered call write to make back that money. But, instead of being 3000 bucks ahead... I just broke even with the two sets of trades...

Ooops..

E*trade never confirmed that I was obligated to deliver CIRC and VTIV... and they could not tell me what the "in the money" price would be... They sounded like they barely knew what a covered call or an option even was...

Live and learn..

:)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext