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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: alanrs who wrote (4407)4/21/2006 7:07:02 AM
From: Jerome   of 5205
 
That RMBS was a strange play. In the past few days I had about the same thing happen to me on MOT, and NVLS I was prepared to give up both positions because they were too far in the money to undo...and then they both tanked on earnings that were unimpressive. The call became unwound because I always enter a buy back of any covered call at a price of .10 just as soon as I sell a call.

Jerome
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