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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Road Walker who wrote (1833)8/8/2001 2:43:37 PM
From: Uncle Frank  Read Replies (3) of 5205
 
>> I'm covering most short call positions today.

I'm watching the qcom sept70s very closely. I wrote them for 4.30 just 4 trading days ago, and they are currently bid 3.00, ask 3.20. Nancy did even better, of course, having just covered yesterday at 4.70. I'm very tempted to close them out and be in position to resell them in the near term...

duf
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