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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (3431)	2/26/2002 10:37:23 PM
From: Uncle Frank	Read Replies (4) of 5205

We've had what passed for a 4th quarter "rally", and it doesn't appear this market is going anyhere until the fall at the earliest. That makes it CC time as far as I'm concerned, even though premiums are low. I sold some sebl march40s a few weeks ago for 2.40, and put in an order today to close them at .10. I'll probably resell them as April35s, and cover qcom and ntap as well. I'll be interested in any ideas from the gang. uf

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