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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: LindyBill who wrote (2018)8/15/2001 2:49:25 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> 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.

It look like a promising opportunity if we "time" it right <gg>, but I'd urge you to avoid an "all or nothing" approach which the following seems to indicate:

"... a great opportunity to jump back into Sep CC's on all my positions."

I think you could improve your returns by being patient enough to identify where each of your holdings are in their trading ranges, and only covering those that in the upper band. That applies in reverse to closing out the positions, which is what you've been doing with your qcom september shorts.

jmho,
duf
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