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

To: Andrew N. Cothran who wrote (3033)	11/16/2001 10:42:39 AM
From: Andrew N. Cothran	Respond to of 5205

'course, if I am wrong again, I have to buy back before today's close or lose 2000 shares which I will then have to buy back maybe at higher prices. Better than a crap game!

To: Andrew N. Cothran who wrote (3033)	11/16/2001 10:55:20 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

>> I covered my November 55's day before yesterday at 2.80. This represented a loss of 1.00 or $1000 on ten contracts. Do you mean you uncovered (as in "buy to close") your November55s? I thought you wrote the November55s at 3.80 or am I thinking of the December55s? duf