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


To: surfbaron who wrote (2865)10/31/2001 6:34:10 AM
From: alanrs  Read Replies (1) | Respond to of 5205
 
I think the Bigs will trash Q till earnings.

While I don't usually predict much of anything, I would expect a rise into earnings, especially if this recent action in the overall market is a pullback (50% retracement?) and doesn't continue on to retest the lows.

Bought the RSTN calls back yesterday, still not doing much though. I'm hoping for the NASDAQ in the 1900's before I begin to sell calls in greater volume.

ARS



To: surfbaron who wrote (2865)10/31/2001 7:28:10 AM
From: Andrew N. Cothran  Respond to of 5205
 
Agreed.

Congrats on a good move.



To: surfbaron who wrote (2865)10/31/2001 11:17:19 AM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
>> I sold the Nov 50's last week at 3.50 with a 48ish underlying. I think the Bigs will trash Q till earnings.

What do you think will happen after earnings? Do you plan on closing the position before next Tuesday?

duf