SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FaultLine who started this subject4/20/2002 4:10:37 PM
From: Uncle Frank  Read Replies (2) of 5205
 
Summing up my delicious ntap cc experience,

3/1/02: Wrote ntap* April20 at 1.55
4/19/02: ntap** April20 expired worthless.

* On 3/1/02, ntap traded in a range between 16.36 and 18.66
** On 4/19/00, ntap traded in a range between 17.55 and 18.36

Brokerage commissions were <.05, so net return was >1.50/sh. and there was no loss in the value of the underlying. Oh happy day :-).

Time to start writing May and June calls? I may wait a bit for a spike.

duf
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News