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

To: Allen Furlan who wrote (3473)	3/4/2002 7:08:15 PM
From: alanrs	Respond to of 5205

I think the company (& the stock) will do fine. Bought 1k more shares at avg cost of $5.16. I have a bad habit of buying early, although I did buy some at $4.12. I haven't gotten around to writing anything yet, since this moves quickly and often, at least historically. I plan on covering some of it at some point-maybe tomorrow. ARS Edit: A month ago I had some calls out at $15 that I was sure I was going to lose the stock. Now I'm looking for a chance to get a decent premium at a $7.50 strike. Just goes to show how things can change.