How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: hpeace who wrote (4510)	9/8/1997 12:08:00 PM
From: Douglas Webb	of 14162

"I've decided to roll up from the sept 37.5's to the sept 45's. This takes all the money off the table and puts profit in my pocket." I don't see how this puts money _into_ your pocket: Buy (cover) Sept 37.5 @ $8 Sell Sept 45 @ $1 5/8 Looks like a loss to me... unless you're not talking about CC on slr stock... Sell Sept 37.5 @ $8 Buy Sept 45 @ $1 5/8 Are you just trading the calls until the stock peaks? Doug.

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