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

To: Mike Buckley who wrote (2452)9/21/2001 2:00:04 PM
From: JohnM  Read Replies (1) | Respond to of 5205
 
Mike,

Just a quick, none-too-thoughtful response. If you're willing to write calls at these levels for October, seems to me your conclusion about the market is these levels will hold for Siebel, roughly. That should there be a pop up that would lead to loss of shares, you would be able to repurchase them at these levels in the next several months.

Sound right?

John



To: Mike Buckley who wrote (2452)9/23/2001 5:13:11 PM
From: PoetTrader  Respond to of 5205
 
Mike...I wrote the sept20's on sebl for a scalp and wish like hell I would have made it the sept 17 1/2s!!...made .35 on 8 contracts...but every bit counts. All Best, PoetTrader


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