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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 (559)5/14/2001 7:58:28 PM
From: cfoe  Read Replies (4) | Respond to of 5205
 
Would like to report my progress with QCOM $65 April CCs. Sold second batch two weeks ago at $2.20. After stock began slipping last week I put in a good-to-executed buy at 20 cents. Order cleared this AM.

If we get a bump from rate cut tomorrow I will be tempted to sell these again for Friday (at minimum of $1). This would make third sale in month.

If we do not move, will wait for opportunity to sell some June CCs.

Comments, criticisms, etc. welcome.


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