HI DEALIE,
i'm back, the lurking square/squire. i have finally caught up on posts,(have been gallivanting).
some posts were exceptional, the garden photos and the NDE links were my favorites, (was
delighted to read that we carry our sense of humor with us into the next phase!!!)
as to the recent covered call stuff,interesting butyour money is tied up in a covered call for a month
at least, because of your underlying vehicle. i opt for just buying calls because you are free to come
and go as you see fit.
herewith an example. a friend gave me 10,000 june 13th
to make her a little money this is what i did with it.
bought---sold---what--- # -- received-----paid ---- net
6/13--6/19--TQKHR ----1---- 3470.88----1991.80----1479.38
(TLGD/AUG/90)
6/13--7/06--AEXHR ----1---- 3308.38----1854.------1458.38
(AMCC/AUG/90)
6/13--7/17--TLGD-----50---- 7243.00----4875.------2368.
6/19--7/20--TQKKB---- 1---- 5020.83----3192.------1828.83
(TLGD/NOV/110)
7/17--7/28--UCQLT---- 1---- 3320.88----2904.-------416.88
(JDSU/DEC/100)
8/11--8/11--NEWP----- 50----5966.80----5418.75-----548.05
TOTAL NET PROFIT ON 10,000 = 8,099.52
THAT'S 80% IN TWO MONTHS, WOULD HAVE DONE BETTER IF I DID NOT GET
WARY OF WHERE THE MARKET WAS GOING AND SELL LAST TWO OPTIONS
PREMATURELY....NOT THAT IT MATTERS...
i hope this helps some of you see the potential out
there, like taking candy from a baby.......it could
have been 100,000 that became 180,000 in two months
just as easily.... |
