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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (2720)	10/15/2001 2:43:40 PM
From: Andrew N. Cothran	of 5205

Sure was, Uncle Frank. But my bet (guess) was the the market makers and hedgers would have their pound of flesh between now and Friday--despite the good news. Guess I was wrong. But I don't mind the appreciation. I can either buy back before Friday or let the stock go at 50. Might let it go and try to buy it back. Or might just bite the bullet and buy the calls back instead. Don't know yet what I will do. Will just watch the stock price closely for the next few days--that's a given. (the double Scotch seems to help.)

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