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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (4967)5/19/2008 3:13:12 PM
From: Hepps   of 5205
 
Uncle Frank,

I'll mail you a buck if you can tell me where its breaking out to... ;>)

I'm on the wrong side of some July 47.50 calls that looked like money in the bank just last week.Just the piece of my position I acquired when I thought that it would never revisit 45...

I think that its too early for pre announcement rumors to be the cause, unless it's someone else's announcement... My next sale will be the 50's or 55's... right now I'm just going to hold what I've got with the rest of my position and watch from the sidelines for a week or two...

I miss this thread... Its much more focused on conservative income generation than the others...

Good luck to all
Hepps
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