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Strategies & Market Trends : The Covered Calls for Dummies Thread

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From: Uncle Frank10/20/2006 10:24:04 AM
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SNDK is wonderful vehicle for puts and calls... provided you're on the dealer's side of the table. I've been writing covered calls against a core holding for the past 8 months, and harvesting surprisingly large premiums. The October 55 calls I wrote at the beginning of this month for 3.10 should expire with no value. I'll wait for a rebound before I write a November call against the same block of stock, but in the meantime, I may just write some puts. Options on a volatile stock is great game... for the dealer.

duf
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