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


To: PoetTrader who wrote (2309)8/31/2001 11:55:34 AM
From: 100cfm  Read Replies (1) | Respond to of 5205
 
PT

What I am now thinking is selling CCs on a stock like NTAP ITM or very close to it, so that I get the highest premium and most likely get called. Since I have a loss in this stock it will offset the gains on the CCs that expire worthless. Also after 31 days I can buy NTAP back and probably at a lower price. NTAP, JDSU,JNPR are not going anywhere fast!

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