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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (38326)1/3/2006 2:50:47 PM
From: the Zwei  Read Replies (2) | Respond to of 39683
 
It looks like your XOM stock will be called away from you. Why did you decide to sell a call that had a high probability of ending in the money?

When I sell covered calls, I use out of the money strikes that I feel will not be hit.

What is your strategy here?

Zwei