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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (1735)8/2/2001 11:14:05 AM
From: LindyBill  Read Replies (3) of 5205
 
I sold just otm calls on all all 8 of my positions this morning. Figured that as long I was no longer a virgin, I would try all positions. I did it because I think they are not going much higher in the next 60 days, and, if they do, they will fall back and I can get them back. All in my IRA, of course.

Got enough premium to pay my expenses for next year. It will be very interesting to see how it plays out between now and Sep 22nd.
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