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

To: Jeffrey S. Lillie who wrote (3616)	4/5/2002 1:20:30 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

>> I sold calls in October and it ran away from me... I bought back the calls at a 2 loss and then resold the May 25's. Calls traded for around $4.-4.50 today at the low. I am break even at when it gets to $2. I was confused by the above, but then realized I didn't have enough data to understand your dilemma. Would you mind detailing each of the trades involved, including the acquisition of the underlying in September? Just do it on a per share basis; we can work on percentages without you needing to reveal your net worth -gg. duf