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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: cthruu who wrote (4163)1/9/2000 11:20:00 PM
From: Rich1  Respond to of 24042
 
I don't know if the MM played a game with me or not. Just have no luck with CC's on runaway stocks.

Right now if JDSU got to $200 I would be tempted to sell calls again, but I don't want to lose the stock just keep the premium. According to my broker that's what most people who sell calls want. Unfortunately that is not always what happens. Given the choice I would still rather keep JDSU as a long term hold.
Question if I may ask. When I bought the Jan calls back and lost $22 a contact I assume I can deduct the loss of my tax return? If so maybe that is not so bad.