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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: LemurHouse who wrote (3369)2/6/2002 1:05:07 PM
From: Edmond Katonica  Read Replies (1) of 5205
 
Andrew

Thanks for your views. I have been writing short term calls on SURE at good premiums

I have owned TTN for 12 years or so, I trade in and out of that stock. As for SURE I believe it has huge potential.

At present I have written 26 Feb 10 calls @ $.55. This is for a 16 days period.
Cost basis of stock is $9.10. This is the fourth set of calls that I have written.

I will hold the stock long term if the price drops. The stock reacts to news, and not to fundamentals

Thanks again for your view
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