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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: BDR who wrote (112)4/21/2001 8:28:30 PM
From: BDR  Read Replies (2) of 5205
 
I got my dates on the LEAPS screwed up so the calculations won't make any sense. Corrections:

2) Sold at the closing bid price on 4/20 10 Jan. '02 (not '01) LEAPS Calls for the first in the money strike price below the purchase price of the equity, commission $37.50.

3) Yield calculated assuming the stock price is above the strike price in Jan '02 (not '03) and gets called away.

I should have slept in this morning. Maybe my post doesn't make any more sense with the corrections.
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