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

To: alanrs who wrote (1632)	7/26/2001 8:03:22 PM
From: William	Read Replies (1) \| Respond to of 5205

On the SEBL 40's, wait 2 or 3 or 4 more days. I'm looking for the stock to approach 40, and the SGWHH will go for a lot more if I am right. Then after I post that I sold them, wait about 2 hours and they will be 50% higher <g>. William

To: alanrs who wrote (1632)	7/26/2001 10:34:45 PM
From: Dr. Id	Read Replies (2) \| Respond to of 5205

I've been buying and selling the CREE Dec 25's, 30's, and 35's. Something called a "ratio call spread" that Dan Duchardt showed me. However, since I have CREE in multiple accounts it's gotten a little confusing. The main play is to buy the 25's and sell the 30's and 35's. In two other accounts I've also been selling the Dec 25's and buying them back and selling them again. Knocking on all the wood I can find, I've made a hell of a lot of money the past 4 days doing this. I've gotten very lucky with my limit orders both ways, and then it rained yesterday and I was home just in time to buy everything back about 1/2 hour before the market turned. Right now I have 4 CREE dec 25's and sold 4 CREE Dec 30's. Thanks, alanrs, You just gave me a headache! I'm going to call your complicated example the Excedrine Strategy! I'm sure it's a good one, I just don't like to think that much. Dr.Id@asisobviousbymyposts.com