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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: rocklobster who wrote (1460)7/12/2001 3:14:42 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> .the call options are now above where they were when the stock was at the same level it's at earlier today

Are you looking at the last trade, or the bid/ask? The latter is the more reliable indicator, but even that can be distorted by limit orders that narrow the spread. I doubt that the option cost would change by very much in a one day period if the underlying is at the same price.

duf
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