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

To: Jon Khymn who wrote (4194)	4/14/2004 11:14:25 PM
From: Dominick	Read Replies (1) \| Respond to of 5205

How would you feel if it dropped to 24? Dominick

To: Jon Khymn who wrote (4194)	4/15/2004 6:46:16 AM
From: alanrs	Respond to of 5205

Thanks for the vote of confidence in my judgement, but giving advice scares the crap out of me. I did buy RMBS @ 27.49 and SNDK @ 27.95 yesterday after hours. However, the RMBS buy was unintentional (they are right next to each other on my screen, and I highlighted the wrong one without noticing)-oh well. I never said I was smart. I've been selling calls against both, and will continue to do so. I also put in a sell order for those shares-RMBS @ 28.25 and SNDK @ 29.80 immediately after. We'll see. Good luck to you. ARS