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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who wrote (1302)7/3/2001 11:24:20 PM
From: Dr. Id  Read Replies (1) of 5205
 
Now, I'm not sure what I am going to do about this situation, but with the Time Premium getting so small I do have to consider the real
possibility that I may get called real soon now, so I may not have much time to decide my next move.

Incidentally, the MSFT calls I bought are in the toilet too... :o(

--dfl@onceagainproudlyonthetoptencontraryindicatorlist.nuts


Ken,
I still think that you have time...the likelihood of getting called out early is still very low. Why would someone call you out when there is ANY time premium left? Why not just sell the calls and buy the stock? Unless the time premium moves to negative territory, I doubt that you need to worry about getting called away. You have other things to worry about! (Like how and if to repair...):-)

Dr.Id@dejavuwithmyNTAPcalls.pov
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