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Strategies & Market Trends : Options
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To: Jill who wrote (4089)3/2/2000 8:48:00 PM
From: uel_Dave  Read Replies (2) of 8096
 
Jill, I have a real newbie question re: CCs. If I was going to write CCs , then it should be entered as 1) sell, 2) call and 3) open covered position. Do you normally let it expire? If you buy back ; is it just 1 ) buy 2 ) call, 3) close position? I am just thinking since QCOM is in this trading range of 132 to 147 to write CCs in my tax sheltered account on the next run. I can not sell puts in a tax sheltered account ( CDN law ).

TIA,

David
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