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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Hepps who wrote (5195)5/9/2013 2:22:40 PM
From: Uncle Frank1 Recommendation  Read Replies (2) of 5205
 
I've been trading AAPL lately. Wrote the 390 put last week before earnings for 12.40, bought it back a few days after earnings and did a buy at 414 and 420. Now have sold some AAPL7 calls at 445 and 460.
What's an "appl7 call"?

I've been thinking of writing the 6/22 $475 covered call for $9.50, but am reluctant because aapl has so much positive momentum. The announcement of a low cost iPhone could send it soaring.
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