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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 (3618)4/5/2002 11:37:02 AM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
Looks like you've gotten into the habit of buying back calls for a loss. I've done that once or twice, and finally decided that, in this kind of market, it's better to let the stock be called. Mr. Market gives us lots of chances to re-establish positions on a favorable basis.

jmho,
uf