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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (103)	4/21/2001 8:44:13 AM
From: TShirtPrinter	Read Replies (1) of 5205

Greetings FL, That's what I'll be doing Mon, that is buying some short term options on QCOM. Been selling CC's on QCOM for years. Made money, been called away close and been called away as I watched it run 100's of points. Always only on a portion of the position. On another note, bot a bunch of NTAP @ $12 last week in an account I had been sitting with cash on. I really wanted to carefull to not lose too bad, so I sold April 15's after the first pop. Will be back to cash on Monday with a nice return for such a short time. I can't bring myself to sell CC's on the shares purchases in the 50's yet <g> Disclaimer: Former heavily margined QCOMer. Lightened up significantly before the big fall Thanks to UF. I owe my investment portfolio to him. Instead, I'll give him my first born. Don't worry UF, you know we adopted and I'm the problem <g> Tony

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