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To: mike machi who wrote (14402)11/29/1999 12:30:00 PM
From: Stockjet  Read Replies (1) | Respond to of 19700
 
Mistake corrected for a price! I sold December 125 covered calls two weeks ago for 11.5. Of course, I'd have to give those shares up on December 17th. Grievous mistake. But, to make the best of it, I bought the calls back this morning at 38.375. Took a 27 point loss on the calls, but now I have the shares back, which I bought at 111. Current price 164.5. Difference of 53.5, less the 27 loss for the buy back of the calls, means I'm still ahead about 26 points. Hope I've learned enough to stay long for a while.



To: mike machi who wrote (14402)11/29/1999 12:35:00 PM
From: bargainman  Read Replies (1) | Respond to of 19700
 
Mike -- methinks DW been eating his broccoli woccoli.