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


To: AnnaInVA who wrote (3254)1/14/2002 9:45:26 PM
From: PoetTrader  Respond to of 5205
 
Alas, Anna...that is a common lament. I had sold Qlgc feb 45 puts for 5.30 and was going to buy them back yesterday afternoon for a nice little profit but decided to wait until today when the stock dropped over 3.00!!. Ugh...However, I had also sold naked feb60 calls on same stock and was able to get out at 1.90/profit per contract. I like it when I can play both directions. All Best, PoetTrader