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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 (737)5/22/2001 11:02:14 AM
From: BDR  Read Replies (1) | Respond to of 5205
 
<<It feels good to be uncovered right now :-).>>

Yes, it does. Kind of reminds one of the good old days of investing (like way back in 1999) when one could just buy stock, sit back and watch.

Actually I am watching the runs in SEBL and QCOM and will probably sell calls at some point just because I expect they will pull back somewhere along the way.

edit- Oh. I just looked at prices and maybe it's happening now.



To: Uncle Frank who wrote (737)5/23/2001 2:56:31 AM
From: JGoren  Respond to of 5205
 
Uf, been thinking the same thing about ceasing selling calls for awhile. That April screw up with AG still has me on the hook for july 80's and i am getting very concerned. The only thing to do is wait and either hope for a steep decline in the stock price or wait and hope it's around 80 in june and the price declines. Almost tempted to buy out of them. Only good thing is that 31 days have passed since i sold the damn things.