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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: PoetTrader who wrote (2090)	8/19/2001 5:09:43 PM
From: rydad	Read Replies (1) of 5205

I tried to write some Oct20 calls on CSCO at .70, but I waited too long and got too greedy waiting for .75 and then the market died after that. I'll take a look again on monday to see if I'll take any action. I might try to write a put on QCOM this week depending on the market. I'm kind of uncertain sometimes. I don't want to force anything, but I was hoping for a better price than .60 for CSCO Oct 20's. Now looking back at it I would have been happy with .70. Live and learn. Hopefully we'll have an opening rally on Monday. How about you? Write anything exciting?

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