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

To: alanballow who wrote (4524)	10/19/2006 10:55:53 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

>> I watched those CREE options all week, finally did a buy-write yesterday on the 22.5 calls and now it looks like I'll get called away as CREE is trading at 23.40 in after hours. Good deal. Getting called is the objective when you do a buy/write. How much per share will the transaction net you? >> Now I just have to remind myself I'm still a dummy! That's exactly what I said to myself after closing out my short puts on qcom. duf