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


To: Dr. Id who wrote (82)4/20/2001 1:42:25 PM
From: Uncle Frank  Respond to of 5205
 
>> sitting with April 35's on SEBL, I rolled them into May 35's for an additional 1.10 of premium.

Even if sebl never corrects, if you continue to roll out one month at a time your annual return from the capped value will be over 35%.

uf



To: Dr. Id who wrote (82)4/20/2001 2:21:03 PM
From: FaultLine  Read Replies (1) | Respond to of 5205
 
sitting with April 35's on SEBL, I rolled them into May 35's

I too am pondering what to do about SEBL.

After seeing your move, I considered a similar one. I'm sitting with April 25's on SEBL, I could roll them into May 25's for an additional 2.20 of premium, but the cc just seems too far out there to ever be able to retain the stock position so I think I'll just let it be exercised today. Comments?

Frustrating week for cc writers, eh?

--fl



To: Dr. Id who wrote (82)4/20/2001 2:49:40 PM
From: FaultLine  Read Replies (2) | Respond to of 5205
 
WAF's: Another Example of "Rolling Up"

Dr. Id just 'rolled up' as a defensive measure. He did not want to lose his SEBL shares today at expiration. The best defense is a good offense in this case. <gg>

Here is another example of a "roll up" action by Dr. David Gleitman on The Critical Investing Workshop:

Message 13282731

--dfl@roll'emup.com