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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Road Walker who wrote (2564)10/4/2001 3:50:49 PM
From: alanrs  Read Replies (1) of 5205
 
"Is anyone selling calls into this rally?"

Not me, not yet. However, I am removing 25K of the 30K ballast money I put in 2 weeks ago. Unfortunately, this will happen at the close, and with the market tanking the last 20 minutes, this doesn't look as smart as it did 2 hours ago. Oh well. Still, I may very well have picked up a years worth of interest in two weeks.

ARS

EDIT: also sold 2 NTAP calls I had picked up in the same time frame. Nice % return, but no money to speak of.
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