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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (5042)1/19/2010 11:57:21 PM
From: Jeffry K. Smith   of 5205
 
Funny you should mention AKAM. I considered selling covered calls on it today ($27's) but wasn't secure in the notion that it would maintain or exceed $27 by expiration, so I passed.

Your purchase & hold, then later sale of cc's though will net you 5.4%, even if you sell it right where you bought it - so good luck!

I bought NOK at $13.24, and sold the February 13's for .76
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