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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (1082)	6/19/2001 10:03:00 PM
From: PoetTrader	Read Replies (2) of 5205

UF...I was considering the same thing, but didn't get my price...can you explain how the report and expiry relate...perhaps give an example of the scenarios you can see with them reporting to the upside and downside? I guess I'm wondering if sebl continues to rise tomorrow, what happens if I sell the Jul45's -- I think it's hovering around 3.00...won't the time decay make up for the difference of a pop or slide in the two days you're talking about between earnings and expiry? A newbie wondering how the wise old-timers strategize...Thanks, PoetTrader

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