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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: TShirtPrinter who wrote (4376)	4/4/2006 2:32:38 PM
From: alanrs	Read Replies (1) of 5205

Well, what's the worst that can happen? You walk off with 5k per 100 shares plus the premium and buy it back when some yahoo publishes an article claiming Nokia really invented the technology, or better yet has something in the works that's way better, just trust him. I just sold the April $52.50 for $1.10. My fifth time on that one. I expect it will get called, but that's ok. I was getting tired of holding my breath and figured that was one way to insure it would stay up there. "if we had danced with Unc. Frank and Lindy Bill" No comment on the above, except that I hope you checked with all those referenced before coming out so publicly. <g> ARS

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