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

To: Bridge Player who wrote (4610)	11/22/2006 2:12:59 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

>> Edit: In the case of covered writes, should have said "if not called". "If assigned" is more appropriate for the way I'm playing sndk. I wrote the December 45 put for .90, and I won't have too much buyer's remorse if I'm forced to complete a delayed purchase at a net of 44.10. My initial thought was to write the 47.50 put at 1.90, but considering that the nasdaq and sp500 are both at 52 week highs, decided caution was the better part of valor. duf