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


To: Dan Duchardt who wrote (2477)9/24/2001 9:14:08 AM
From: rydad  Read Replies (2) | Respond to of 5205
 
Hi Everyone, thanks for the words of wisdom. I did sell the Jan 04 7.5 puts after all. I really don't mind the long waiting period. I figure sometime in the next 2 years Juniper will be higher and hopefully we'll break out of these doldrums. I figure the odds are still in my favor. I realize there might be more optimal strategies, but I just wanted to try it. Even if Juniper should go lower than $7.5 in Jan 04, I wouldn't mind owning it.

If we are still in a recession in 04 we will be pretty messed up.

Is anyone selling calls today? With the options expiration last week, I have some shares I want to sell calls on today or soon. Even if we have a bargain hunting rally, I don't think it will go very far. This economy's such a mess.

I missed everyone last week. Where was everyone? Welcome back y'all.