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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (5006)	9/23/2009 9:38:15 PM
From: TShirtPrinter	Read Replies (1) of 5205

Greetings Unc., Sorry not to reply I have been traveling. Looks like we are on a similar track. A few months ago I got called out of QCOM 45's and have been sitting patiently waiting and sure enough by selling Sept. 45 puts I got the shares put back to me. The premium on both ends seems to have been worth it, and patience for a change also seems to have worked. So...I sold Oct 46's mid day today and already have a buy back if we hold the late day dip before we sky rocket to the moon in the AM. <g> Actually will be on the golf course most of the day and not near a computer. It has worked out for me to pick my price and go away from the computer anyway. Keeps me from chasing lousy prices. Once again, Thanks for all you have taught me over the years. Tony

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