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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (3464)3/4/2002 2:36:38 PM
From: FaultLine  Read Replies (2) of 5205
 
Took a pass on Qcom. It still scares me.

I bought some of the QCOM at about 32 the other day so I'm looking to write some contracts on it today.

Currently Q is at 38.45 with the MAR 40 AAWCH at 0.90... Whoops! Just went up another nickel and my sell calls to open order I placed earlier this AM was just filled. I asked at 0.90 when the contract was at 0.70 earlier today. Just printed 1.00, great, I'm losing money already. :o(

Oh well...now we wait for the dip. (which reminds me, where is Frank?)

:o)

--ken/dfl
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