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Strategies & Market Trends : Calls and Puts for Income

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To: Keith J who wrote (5436)9/24/2012 8:05:31 PM
From: Keith J  Read Replies (2) of 5891
 
Sigh, not the way I hoped to open the new options cycle. Lots of red on the screen.

Did sell some covered calls on OCZ early on for shares that exercised on me - 90 cents for the Jan. 4's. With more exposure, thought better to sell the 4's and not the 5's.

Also sold some KOG 10 covered calls for Nov. - 55 cents.

Fortunately QCOR wasn't a large position, and I was fairly far out of the money before today. Will let things shake out - as they say, shoot first and ask questions later.

KJ
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