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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	4/9/2002 3:39:38 PM
From: JohnM	Read Replies (2) of 5205

Just bought back my April 20 NTAP calls for $.20. I originally sold them for $1.50. I like that, my pocket book likes it, my wife likes it. What's not to like? Two things will now happen, if the past is any prologue. (1) NTAP and the NASDAQ will continue to tank or move sideways through options expiration so that I can beat myself up for leaving the $.20 on the table. And it will not leave me another opportunity to write again. (2) Frank will post some numbers which will suggest that if I were not so dumb I could have made $5.00 ;-) John

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