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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Bridge Player who wrote (4693)1/14/2007 9:27:01 AM
From: Hepps  Read Replies (2) of 5205
 
Just did a buy-write on Friday.

EMC bought at 14.28
Sold the APR 15 for .45

Reviewing my decision now, I think I'd have been better off selling the Feb 15 for .25; given that I think the stock will get called away. At any rate, 11% annualized if I don't get called and 30%+ if I do is OK by me.

Time will tell.
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