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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: cfoe who wrote (1677)7/30/2001 9:53:03 PM
From: TShirtPrinter  Read Replies (1) of 5205
 
Greetings CFOE,

Sell em and take the profit if you can't check em.

Dale just gave you the proper explanation of Theta. Here's my take. If you are long, paid good $ for the option, it always goes down too fast. If you're short, the price wants to hang high way too long and never goes down fast enough.

I agree on waiting for the QCOM to bounce just a bit more to sell CC's.

Have a wonderful vacation and hurry back. We'll have the light on.

Tony
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