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To: Poet who wrote (7788)12/1/2000 3:42:29 PM
From: YlangYlangBreeze  Read Replies (3) | Respond to of 10876
 
I've only been writing DITM covered calls lately on my QCOM, to some success. I wrote them again today. If called out I'll stil make a profit. There are more opportunities and pullbacks ahead.

What I don't understand is why it bothers people to get called out? I've ben called out on NTAP about three times, and always for a profit, although not as much as if I'd sold the stock at the high, but who's to say I would have. Greed kicks in.

So... aside from a stock we may have owned nearly long enough to call long term (HAHAHAHA!!!) why does it feel like we lose if do get called out? Lost potential profit is not a loss, especially if it means you had some sort of insurance/safety net in the meanwhile.

Any thoughts? Have I missed something here?