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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (48722)7/5/2001 9:57:48 AM
From: James Calladine  Read Replies (1) | Respond to of 70976
 
BLOSSOM TRADING:

Glad you don't have a 5th pail marked (IN BIG LETTERS)

ASML

or Blossom might have bolted, and headed for the hills.....

Namaste!

Jim



To: Jerome who wrote (48722)7/5/2001 11:23:13 AM
From: Robert O  Read Replies (1) | Respond to of 70976
 
ot

Jerome you said Right now I'm teaching my mule Blossom to trade options but then once your mule picks you do all the trading I buy that stock 40 minutes after the open and immediately write a covered call against at the next higher strike Seems like you have two asses on that farm.

Just a joke of course J. Hey, if you have time could you relate what happens real time when your shares are called away with an example that has happened to you. I have never had that happen how are you notified and what's the operational procedure that occurs and what occurs if you are only partially covered and a writer of calls. TIA

RO



To: Jerome who wrote (48722)7/5/2001 11:27:14 AM
From: Pink Minion  Read Replies (1) | Respond to of 70976
 
So what's is your stop loss when using covered calls?

For example, you buy 100sh of AMAT and sell the 55 call. AMAT drops to 45, 40, 35?


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