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

To: Uncle Frank who wrote (2901)11/6/2001 12:11:11 PM
From: PoetTrader  Respond to of 5205
 
Uncle Frank...You are a gentleman and a scholar!

Now this dummy never even thought to go out that far. Sometimes I guess we get so inside our individual dummy moves that we cannot see the forest for the trees. I thank you a million times. And thanks for responding so quickly to my dilemma. In fact I think I will do this today and then if the market does go down, which I believe it will, I will pull out of the leap at some lesser profit...or not.-- The return isn't too bad at that! All Best, PoetTrader



To: Uncle Frank who wrote (2901)11/6/2001 11:22:51 PM
From: Thomas Tam  Read Replies (1) | Respond to of 5205
 
How do these transactions compare when evaluated on an annualized basis? There is a time commitment with the roll up transaction, but unless NVDA drops substantially, should make money anyways.

What's that proverb, a bird in hand is worth two in the bush. :)

Later


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