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Strategies & Market Trends : Options
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To: uel_Dave who wrote (4091)3/2/2000 9:05:00 PM
From: Jill  Read Replies (1) of 8096
 
I'm not sure what software you use, but basically you've got it right. You sell to open. You buy to close. No, you don't need to let it expire. Depends on your goals and the marekt. Let's say QCOM runs up to 146 or so again. You could sell cc--April for instance--and if it downdrafts to low 130s again, buy them back. If you make 50% (keep 50% of the premium, in other words) that's still pretty good.
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