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

To: FaultLine who wrote (1250)	6/28/2001 12:18:24 PM
From: robwin	Read Replies (1) \| Respond to of 5205

Hello, Don't feel bad i wrote NEWP July 22.5 calls last week and the stock has taken one of it's bounces on me...now, it is a long time to expiry but I could have simply bought and sold out by now with the same profit or more than i received on the premiums...that's the trade-off you get with cc writing... anyway, there is still time for stock to tank, so let's keep a good thought <g>....

To: FaultLine who wrote (1250)	6/28/2001 12:31:34 PM
From: FaultLine	Read Replies (2) \| Respond to of 5205

LOL! The MSFT news just came out and trading was halted. For some reason my Schwab account says the $3,600 in calls I just mentioned are now valued at...get this... $58,600. That's up a cool 1,764% in one hour... dfl@nowificanjustsellthem.com