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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (3483)3/8/2002 6:15:40 AM
From: TShirtPrinter  Read Replies (1) of 5205
 
Greetings,

Sold some April 45's and March 40's. Both looked safe a couple of days ago. Part of my play was to unload the shares I got put to me last month when I had sold 40 puts.

The good news Unc. is if I get called out, I will finally be off margin, at least until I make another dumb play <g>

I'll probably use any leftover $$$ to replace the shares w/ longest term leaps, deep in the money that I can get.

I still only do this stuff on a smaller portion of QCOM holdings. Plus, there's a week and a day to go. Good luck to all.

Tony
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