Bokra Tov,
Thank you for your e-mai. If you read my post to Kenneth Sanders,
you will see that I faired well. What happens is that I bought the
stock, and told me broker sell at 165. Few minutes after I bought
INTC, I checked Router and no calls at 175 for July. But at 170
there were buyers. I made a quick decesion, sold calls, strike
170, July.
If they make the calls, I will sell the stock at 182, this
is including what they paid for the call, and what they will pay the
stock at 170.If not, I keep and I still have me money.
Onething one never does is to buy or sell empty options. You sell
calls only and only if you have the stock in your portfoglio. There
are people who bluff, selling calls on stocks you don't own. In
Switzerland it doesn't work that way. No repectable bank or broker will do it
becasue it is illegal.
Do you really believe in this bug problem?????
In the meantime, my friend, let us be thankfull for the performance
in the past two days. My father always said, "don't compalin, it can
get worse." I am sure you understand that!!
Take care,
Yaacov |
