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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: alanrs who wrote (5121)	3/29/2011 2:39:09 PM
From: alanrs	Read Replies (1) of 5205

All my offers to sell puts today were declined. I was the ask on EBIX for a few minutes this morning but it went the other way hard. Should have just acted on the tip with a market order at the open, but can't do that. That way lies I'm broke and it's all Uncle Frank's fault. Did buy to close that other LLY put for .08 (+.23 net) and sold 2 NGD May 12 covered calls for .70. Spending my day looking at Florida real estate listings when I'm supposed to be working on the basement. Probably should get on that instead of screwing around here collecting my little bunt singles. ARS Edit: And bought to close the 2 SNDK April 45 puts for 1.17 (+.45 net, total). Now off to do some honest work.

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