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

To: JGoren who wrote (3068)	11/19/2001 10:34:13 PM
From: Kayaker	Read Replies (1) \| Respond to of 5205

my, you are bullish if you think April 100's not safe Not that bullish; I vaz ½ kiddingk. I had originally typed 'Jan 03 150s for $1.05'. How's that for bullish? <g> My QCOM positions are long term in 3 different accounts, and for a variety of reasons I don't want to lose the shares. (One of the main reasons is the PITA Canadian tax laws re income vs capital gains). Once we get a dip, I'll deploy more cash into long shares of various stocks and short calls against them much more aggressively. I really don't like shorting calls unless I'm equally happy keeping/losing the shares at expiration.