SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: Dr. Id who wrote (3859)7/20/2002 6:23:01 PM
From: H Peterson  Respond to of 5205
 
I bought a CIEN Oct 5 Call on June 14th at .65 and this last Wednesday it was at 1.75. I had a 133% profit in 20 trading days and then on Friday it dropped big time for some reason and now I sit on 46.67% profit. I think I'll hold on for a while longer since I have until October expiration. I just don't feel like playing the covered calls right now. I have a limited retirement account and feel like the small premiums of Calls fits my condition better.

H Peterson