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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: BDR who wrote (17)	4/19/2001 3:02:32 AM
From: Dr. Id	Read Replies (1) \| Respond to of 5205

Hi Dale, I have several similar positions and issues with current calls. I also have sold the RMBS April 25's, but feel that it's highly unlikely that those will be called (after saying that, I've just increased the likelihood!) I sold NTAP May 15's last week, and felt good about it until today. I'm going to try to keep my NTAP if at all possible without incurring too much of a loss. In a similar position with GMST April 30's, which I bought back and resold as May 30's today (and am in the strange position for a permabull of hoping for a pullback!) The thread title is very appropriate, as my covered call writing prior to today made me feel like a master, while today made me feel like a dummy (which is probably closer to my actual state, if one were to judge my overall portfolio performance from the past year). I also have SEBL Apr 35's, which I will try to figure out in order to try and hold, and Intel Apr 25's, which I will allow to be called away. I think that those sum up my stupid moves for this month. I am open to any suggestions as to how to repair my threatened positions (if at all possible). Dr.Id@trueconfessionsincoveredcalls.com