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

To: EnricoPalazzo who wrote (1569)7/21/2001 2:43:16 AM
From: Thomas Tam  Respond to of 5205
 
Of course there would be some major repair work if SEBL starts to make a run. I think I opted to sell so many calls to take advantage of a prolonged narrow trading range. I just can't see it passing 50 and staying there given the environment for the next 6 months or so.

Question for everyone, when would you buy these calls back? After 50% return or when they are under $1.00? Just trying to figure the best risk/reward scenario based on experience.

Later


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