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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dr. Id who wrote (4457)9/29/2006 8:26:24 AM
From: TShirtPrinter  Read Replies (2) of 5205
 
Greetings Doc,

I like the put sale, especially if you don't mind owning the stock at that price.
I sold calls, Nov 40's too early @ $.45, but was lucky to close them out at a profit. I was underwater almost immediately after I sold them. Now the trick will be to sell them again at the right time/price.
I'll bet you have a term for a guy like me. I like to sell the calls for the extra $$'s, then immediately feel like I shouldn't have as I don't want to miss a run up. It feels like a double personality <g>

Good luck,

Tony
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