The Covered Calls for Dummies Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Covered Calls for Dummies Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: alanrs who wrote (4666)	12/20/2006 2:39:27 PM
From: alanrs	of 5205

NFLD Just to close this one out, I bought back the Jan 20 call and the 4 Jan 10 calls I had sold, sold the other 100 shares I still owned for $5.51 last night and now own 400 shares of this highly speculative stock. I will probably continue to own it. While this has not turned out as I had hoped, it does show the advantages of options even in a bad situation. At the current price of $5.00, my total loss would be around $1350 if I were to sell today, instead of $4200. And thus ends my longest covered call winning streak to date. Oh well, the curse of the public post. Good luck everybody. ARS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next