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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (3760)5/22/2002 5:18:43 PM
From: Dr. Id   of 5205
 
Just cause I'm not posting much doesn't mean I've lost interest :-).

duf


Well, I've lost interest AND principal.

Nevertheless, I do have SEBL, QCOM, and AOL short calls out there... The SEBL and AOL's look very good for now (SEBL Aug 27.50), AOL July 20) and the QCOM may turn out okay (jun 30).
I am guessing that based on today's story, SEBL may not have bottomed yet...

If it loses another point or two, I've buy back my Aug calls (sold for $2.55, currently about .80) and try to flip them again during another of our "faux" rallies...

dDI@BWTFDIK.pov
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