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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: JohnM who wrote (3885)7/24/2002 9:05:13 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> On it, right now, I'm holding January 25 calls, bought at 5.80, which look very good

On QCOM? Why you market timing rascal. The all time low for that option (aawae) was 5.10, so you picked it up almost at the bottom. It closed today at a bid of 7.70, so you're up by 33%! You should be ashamed of yourself <lol>.

I guess I can't call you the rookie anymore.
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