SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (2165)8/21/2001 1:36:04 PM
From: Road Walker  Read Replies (1) | Respond to of 5205
 
UF,

FWIW, I'm waiting for a move counter what happens in the days after the rate change. If the market goes down, I will be doing buy/writes. If it goes up, I'll be selling calls on existing positions.

All the experts seems to be holding their breath, thinking 1/4 point and subsequent large decline in the markets.

As usual, I have no idea.

John



To: Uncle Frank who wrote (2165)8/21/2001 3:22:24 PM
From: LindyBill  Read Replies (2) | Respond to of 5205
 
I just sold Qualcomm Oct 65's at 6.10 and NTAP Sep 12.5 at 1.40. These were the only two I was up on for today.



To: Uncle Frank who wrote (2165)8/21/2001 3:38:43 PM
From: assetlogic  Respond to of 5205
 
I sold QCOM Oct 70s for $4.20; MERQ Oct 40s at $1.95; and CHKP Oct 50s for $1.20

I like the idea to sell out further. I thank whomever brought that up on this thread.



To: Uncle Frank who wrote (2165)8/21/2001 3:43:52 PM
From: surfbaron  Read Replies (1) | Respond to of 5205
 
Unc: <<<Anyone have thoughts about covering qcom today?>>

Tommorrow after the rate cut news is digested.