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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (2198)8/23/2001 1:51:06 PM
From: BDR   of 5205
 
Doh!

<<Long calls- I don't see much hope there. Buying back for .05 and rolling to the 5 strike would only be compounding the problem unless you felt sure a turnaround was imminent. >>

Selling the calls for .05 (if you can find a buyer), not buying them back.
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