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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Kayaker who wrote (3117)	12/12/2001 10:10:22 PM
From: PoetTrader	Read Replies (1) of 5205

Kayaker... Here is a fairly dumb question but that's why I'm on such a thread. You bought 1000 shares of Juniper and then say you "shorted" Dec 25 calls. A couple of others use that terminology and I'm not sure if you are saying you sold cc's at 25 for a premium of 1.50 or?? I just want to make sure I'm following. Thanks in advance. PoetTrader

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