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Strategies & Market Trends : Options
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To: edamo who wrote (1839)1/28/2000 10:05:00 AM
From: y2kate  Read Replies (1) of 8096
 
Hi edamo,
I sold some covered calls yesterday- April 130's- but now thinking I might buy them back and sell July 180's instead-
they're going for around $9 or so. This is my first covered call sale, and I'm thinking it might be too risky in terms of losing my shares. Do you have any rules about selling calls, or guidelines?
Thanks,
Kate
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