SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bridge Player who wrote (4931)5/18/2007 3:33:49 AM
From: Hepps   of 5205
 
It's been a quiet month on the board. Options close today, I've still got a few items that are not a lock either way.

My QCOM 45 calls are in danger, but I am not concerned either way as it appears to be on the cusp. If called, I should be able to roll the cash into a JUN45 put, for 1.70, which I can live with. I've started to work on the JUN47.50 calls, but they're a bit to cheap yet.

My R2000 MAY80 Puts should expire worthless; I've already started to roll to the Jun80s at 1.30. This is the the same money I got when I had APR80s called out. When I get them put to me, I'll switch to 82s or 83s for calls.

My EMC MAY15 Puts will expire worthless, I'll roll to Jun15s if I can get better than 1% for the month.

All nickles and dimes, but very comfortable as I'm happy to own any of the equities that I'm trading.

Hepps
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext