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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: shoe who wrote (57712)12/18/2001 7:49:32 PM
From: BWAC  Respond to of 70976
 
<then I guess I break about even (including commissions). Am I on the right track?> Strictly speaking yes.

The potential profit for you would be the moving up from the 35 strike to the 40 strike. Of course you also lose some downside protection.

Have you considered closing the calls and simultaeneously selling the stock? And re-entering on a pullback?