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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Ken R who wrote (4816)3/11/2007 6:57:35 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> For July 42.50"s at a dollar, I was quoted $31 for one contract and $70 for five contracts.

Ouch! Fidelity is full service, with both brick & mortar stores and web presence. Here is what they've charged us recently for covered calls on $40 stocks (qcom & sndk):

Opened 5 contracts for $14.70
Opened 10 contracts for 18.95
Opened 20 contracts for 25.95

duf
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