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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (2013)8/15/2001 2:37:14 PM
From: LindyBill  Read Replies (2) of 5205
 
close out my sept70s on Friday

"Great Minds", Frank! I don't know if Andrew is right about "the big boys", the whole nas is down also. But, if it works out that way, fine. I would make almost $2 a share with a close out near where we are on QCOM, and that would leave me with no CC positions.

I had missed your thinking on the possible rate reduction next week, but It makes sense, would drive the whole market up for a week, and would make for a great opportunity to jump back into Sep CC's on all my positions.
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