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Politics : Formerly About Applied Materials
AMAT 319.11+5.7%Jan 15 3:59 PM EST
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To: Sam Citron who wrote (62579)4/2/2002 12:42:14 PM
From: Cary Salsberg  Read Replies (1) of 70976
 
If my covered calls, JUL $55, cause my stock to be called away, I will definitely buy the stock back in the $45-48 range and look to sell 6 month covered calls in the $65-75 range.

If I am still holding the stock with the JUL $55 CCs, I will look to buy in the $45-48 range and sell CCs to move the cost as close as possible to $40.
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