How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: rkf who wrote (6391)	1/12/1998 11:37:00 PM
From: Greg Higgins	Read Replies (1) of 14162

rkf writes: I'm going to get called out of DELL (the only stock I am allowed to make $$ on) on Friday Excuse me for butting in. It sounds like you don't want to get assigned, so why let it happen? If it's because your calls are too dear, simply sell next months calls at the same strike. This is always a net credit trade (unless of course you've got DELL options at less than 55 strike where they don't have Feb options -- ouch!).

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