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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: TShirtPrinter who wrote (4002)10/17/2002 6:20:50 PM
From: Uncle Frank  Read Replies (1) of 5205
 
I feel for you, buddy. We've been conditioned to expect nothing by negative moves for quite a while now. I've always felt vulnerable about writing in an earnings report period, and was willing to forego cc revenue in deference to my silly bullish feelings. This is one of the few times in recent memory that it hasn't gotten me in trouble.

2005s? I'd expect they have good leverage. No need to wait for expiry, though. If we have a strong run, you might want to cash them out and put the money back into the stock.
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