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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (2085)	8/17/2001 3:42:16 PM
From: FaultLine	Read Replies (1) of 5205

duf and dummies, Tomorrow morning FaultLass and I are headed out for a one week vacation in Seattle with a brief side trip to Vancouver. If you know Seattle, please, please PM/post me today with your favorite seafood restaurants. We are real fish and shellfish fans (sushi and sashimi too). Any other tourista suggestions are also welcome. Thanks! If I can locate a convenient internet cafe, I'll check in from time to time. It looks like everyone made a little money this cycle...except me. My 2.00 loss on NTAP this cycle put me slightly underwater for the month. I was too aggressive selling the AUG10 when NTAP was about 9.50. The (essentially) ATM time premium was good but I got too greedy. I should have gone for the 12.50 contracts since I did not want to have the stock called. Oh well, live and learn. Third time in a row my CSCO 20 contracts have expired worthless. I'm making less than a buck a share each time but it is slowly adding up. --dfl <:o)

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