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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dominick who wrote (3221)	1/10/2002 1:37:50 PM
From: Dr. Id	Read Replies (2) of 5205

Gambling: Bought HAL @ $11.14, sold Feb 10 calls @ $2.10. This doesn't seem like a great risk/reward strategy to me. You get called out, you gain about 8.5% If you don't, it means that you've lost at least 10.3% on your investment (offset by your covered call premium) Why didn't you sell out of the money calls? DrId@maybeImmissingsomethingasusual.pov

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