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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (3599)	4/2/2002 3:24:34 PM
From: Uncle Frank	Read Replies (1) of 5205

>> Bought back my Siebel April 35s this morning for $.75... they produced $1.00 a contract... the first produced $.80 a contract. So, I'm happy. You should be, John; that's a good month's work. Compliments :-). >> Been a bit concerned about these since we were getting close to the customary price run up before earnings. I may be cutting it close, but with earnings on the 17th and expiry on the 19th, I figure I can wait till next week to close my April35s. Ideally I'd like to buy them back for under a quarter. I admit to being greedy. duf

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