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


To: adairm who wrote (1018)6/11/2001 1:55:07 PM
From: Dr. Id  Read Replies (2) | Respond to of 5205
 
Now, I'd really like to know what the "Better alternatives" are!

Adairm


You can wait for expiration, then wait for an up day and sell the July 65's.

You can buy back the June 65's and sell the July 65's (or further out than July for even higher premiums).

Why buy back and sell a lower strike and risk getting called at a loss when the market is so weak?

Dr.Id@thereareotheralternativestoo.com