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: TShirtPrinter who wrote (3744)5/15/2002 1:23:02 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> I tried one of my steal a couple of pennies with only a few days to go.

I'm leaning towards selling longer term, in the money calls during this rally. My heart says this rise will be the start of something big, but my head says we're headed into the dreaded summer doldrums, and that there will be several major pullbacks. The game plan is to write for big premiums, and buy back on one of those dips. If I get called, there should be ample opportunity to re-establish the positions in August or September.

Accordingly, I wrote July30s on half of my qcom holdings at 4.60. I'll update you on my buybacks.

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