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

To: M. C. Orme who wrote (1411)7/10/2001 9:31:21 PM
From: JohnM  Read Replies (1) | Respond to of 5205
 
I'm gaming but the Gemstar July 40s are simply too high right now to even consider buying them back. So I won't go there. Rather wait some more. Then worry about strategies if I get called out.

Present one is, as I said before, to use the money from the call out to rebuy below 40. But, my luck, Murdoch is about to take Gemstar up 20 points with some sort of announcement that large money knows about and the rest of us don't.

John (not of large money)


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