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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 (3492)	3/13/2002 1:20:34 PM
From: JohnM	Read Replies (1) \| Respond to of 5205

Whew. I live in fear of being capped when the big move finally happens :-). Yep, same here, but as I recall you wound up writing Qcom April 40s on all your holdings?? That right? Ouch. I wrote the Ntap April 20s and the Sebl 35s each on about half our holdings. Not too happy at the moment but I'm holding. Pulled the McMillan off the shelf last night to check out the strategies. I still agree with your observation of no big move soon. Lots of ups and downs and some of them large enough to feel like something more. But, and this is key for me, if I get called out, good opportunities to pick the shares back up without too big a loss, perhaps even lower than the price at which they were called out. Learning. John