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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: CrackheadBob who wrote (5005)	9/17/2009 11:12:08 PM
From: Uncle Frank	Read Replies (2) of 5205

I don't own any qcom at the moment, so I'm writing puts. Tomorrow someone may put the stock to me at 45. After subtracting the premium I received, I'll own the stock at 43.95, and will start writing calls against it. And if the stock doesn't get put to me, I'll write the October 45 put, which is trading at 1.55. duf

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