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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (3874)7/24/2002 3:31:43 PM
From: fmikehugo  Read Replies (2) of 5205
 
Uncle Frank -

I have a similar position with AAPL, now just under 15, and I am looking at selling Aug or Sept 15s. However, my basis is 25, and I would take a real bath if called early.

Are you confident that you will not get called early on the Sept 27.5s, or is you basis low enough that it doesn't matter?

Thanks
Mike Hugo
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