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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: EnricoPalazzo who wrote (277)	4/26/2001 10:18:39 AM
From: Uncle Frank	Read Replies (1) of 5205

>> the "worst" possible outcome is when a CC gets called for a huge profit to the buyer. As I see it, both parties can win in that case, and offer my recent qcom activity as anecdotal evidence. The party who bought my April 60 calls made a huge profit and my stock was called, but I didn't "lose" anything. In fact, I was able to re-establish my long position for less than the strike price just a few days later, and kept the April premium. Given that few stocks will "run away" in today's market, that may not represent an unusual pattern. uf

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