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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 (3680)4/19/2002 2:34:17 PM
From: Andrew N. Cothran  Respond to of 5205
 
Ditto on the April QCOM 40's. A dime yesterday was too much. Today, it is absurd.



To: Uncle Frank who wrote (3680)4/19/2002 2:43:27 PM
From: Dr. Id  Read Replies (1) | Respond to of 5205
 
And since the stock's at the same level it was when I sold the calls at the beginning of March, the return is truly money for nothing. I think that's the way this cc business is supposed to work :-).

I think that the way it goes is, "Money for nothing, and your chicks for free". So, sounds like you got it half right! :)

DrId@myportfolioisindirestraits.com



To: Uncle Frank who wrote (3680)4/19/2002 5:18:25 PM
From: JohnM  Read Replies (1) | Respond to of 5205
 
I think that's the way this cc business is supposed to work :-).

Sounds right to me. Since I bought mine back for $.20, your guts got you the extra. I'm not yet certain enough about my market forecasting skills. So I'll take my lesser amount and my shares and live to fight another day.

Jeez, where did that last line came from; just popped out of my keyboard. I'm clearly spending too much time on the FADG. (Now I need a gnarled facial emoticon here. Got any handy?)