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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 (1080)6/19/2001 12:45:43 PM
From: Dr. Id  Read Replies (2) | Respond to of 5205
 
But you/we didn't think they were overpriced then. That's the weak point in writing puts - you have to make a guess...

duf

That's because I was an idiot. EVERYTHING was overpriced then. Almost everything is oversold now, or near the bottom of their price ranges. To put NTAP at 12.50 is a much safer bet than putting ELON at 90! (the downside is much lower...)

Dr.Id@learningasIgoalong.pov


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