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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 (3459)3/1/2002 4:35:10 PM
From: JohnM  Read Replies (2) | Respond to of 5205
 
I knew you wrote the apr35s for 2.00, but didn't know you uncovered them yesterday, you sly fox <lol>. What was your repurchase price, and did you cover again today?

Well, I picked up $.80 a contract on the Sebl's by selling them back for $1.20 yesterday; then just sold them again for $1.75. When it gets good, it gets good. Small change but we have hopes the pennies will be enough to pay for a week on the Outer Banks in late March.

I also decided your Ntap sale was a good one so I sold the April 20s today for $1.50.

Took a pass on Qcom. It still scares me.

John