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: Hectorite who wrote (10313)	4/11/1999 1:40:00 PM
From: Sundar Rajan	Read Replies (1) of 14162

Selling naked calls on a stock like AOL is disastrous. I sold the April 120's for about 7 and had to buy it back at 45. Since I don't have much experience in shorting I ended up buying the call at a real high price. By the way I have sold more calls(May 150, July 155) than I have AOL stock. Is there a good chance for a pullback?

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