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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: PoetTrader who wrote (2181)	8/22/2001 11:41:05 AM
From: PoetTrader	Read Replies (1) of 5205

To thread... don't know if anyone's interested in scmr, but there is a nice return on sept 7.50puts at 2.40-2.70 ...I just put in an order for 8x2.7=2130(sub comm) if put 7.50x800=6000 -- return of 35.5% -- Looks like things may be turning around for this bedraggled stock. They sit on 1.2 bil cash so are able to weather downturn, plus possible acquisitions. Not touting stock. Just the return! All best, PoetTrader

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