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

To: BDR who wrote (3647)	4/12/2002 11:05:39 AM
From: DiB	Read Replies (1) \| Respond to of 5205

>If called out in 217 days, return is 25% Why settle on just 25% in 7 months? <ggg>

To: BDR who wrote (3647)	4/12/2002 4:11:43 PM
From: Allen Furlan	Read Replies (2) \| Respond to of 5205

Dale, I am partial to the strategy of selling far out in the money calls, especially in an IRA. I just hate to lose money in the tax deferred account. I considered gmst as a covered call position last week but felt that stock may see lower prices in the next month(no good basis for this, just observing the punishment suffered by many mispriced broken darlings.) Speaking of mispricing I am surprised at the strong support on this thread for qcom. Barrons had qcom on pricey stocks list last weeks issue at p/s of 11. I know that it is a great company with fantastic intellectual property but how long can it defy the gravitational forces of its financial metrics?