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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	11/6/2001 4:28:53 PM
From: DiB	Read Replies (2) of 5205

I can't stay away from the market for long... Did a short-term buy/write: bought CIEN at 16.25 sold CIEN Nov 15 calls at 2.10 - on 2/3 of total shares (CIEN reports on Nov 15) I figured I'll either earn 5+% income in less than two weeks or own CIEN at below 13. Opinions...? -DiB

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