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

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To: Herm who wrote (7102)3/18/1998 9:42:00 PM
From: Roger Louis  Read Replies (1) of 14162
 
Herm ...Thanks for the reply. I have CPQ in a Keogh account and am only able to write CCs. At least I don't have to worry about a margin call and since I don't need the money now, I am able to wait for CPQ to come back. I would like to write calls on the way back up, but I don't want to get caught in a gap move up and lose the stock below my nut. Since I am limited in the Keogh, I think I'll close my position and wait for a rebound.

Thanks Again,
Roger
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