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

To: Uncle Frank who wrote (256)4/25/2001 5:08:47 PM
From: William  Read Replies (1) | Respond to of 5205
 
Go for it Unc
It's not going to be this cheap for very long.

William



To: Uncle Frank who wrote (256)4/25/2001 8:22:25 PM
From: cfoe  Read Replies (1) | Respond to of 5205
 
UF - You wrote (on the Buying Range thread, I think) that you would not buy back certain covered calls on QCOM until they were at $.80.

I sold some May 70s for an average of $3.89 and some May 75s for an average of $3.20. Is there a price point at which I ought to at least consider buying them back? Some percentage below the price I sold at (i.e., some profit %)?

Thanks.


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