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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: JavaGuy who wrote (11821)11/15/1999 7:42:00 PM
From: Boon  Read Replies (1) | Respond to of 14162
 
J.G.: I covered my position in SUNW JAN 115 puts today. I had sold the puts a couple of weeks ago, convinced that SUNW will be well about 115 in January.

With the bump up the last couple of days, I decided to cover, hoping to put on the position again later.

I don't know, though. The market seems coiled to spring up tomorrow after the Fed meeting, regardless of which way the Fed goes. Strange.


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