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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (2509)9/25/2001 2:35:32 PM
From: Road Walker  Read Replies (2) of 5205
 
John,

I sold the October's, EMC just in the money, SEBL just out of the money, both for ~1.50. I felt there would be a pull back from yesterday, and to be honest I am just trying to grab a few dollars. I will probably buy to close today or tomorrow.

It's more of a day trade than most on this thread like to do, so I think it's sort of off topic. I'm not at all concerned with losing the stock if I'm wrong, or if the plan is good but I screw up the execution, which I am prone to do sometimes.

On positions where I don't want to sell the underlying, I wouldn't be selling calls right now.

John
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