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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (386)	5/2/2001 11:47:15 AM
From: Dr. Id	Read Replies (1) of 5205

are you willing to let them be called? Makes a big difference in interpreting your strategy. Definitely. I hold a fair amount of CSCO, and covered my whole position. A few days ago when the stock was at 16, I was thinking that I'd be very happy to get 20 for it right now. I think it will be a while before CSCO recovers, and I'm thinking that if it gets called, I'm going to try to be patient and hopefully have an opportunity to buy it back in the teens again in the coming months. At this point, I'm inclined to let all of my covered positions get called. I don't think we've seen the last of the corrections. Dr.Id@tryingtoactpatientlyandunemotionally.yeahright

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