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


To: Jerome who wrote (4854)3/14/2007 10:56:26 AM
From: MJ  Respond to of 5205
 
That maximizes the call profit.

Markets were down early a.m. in the East. Had an order in to buy to cover an October 15 call on Jade(China stock) at 50% below where I bought it----they took it so now I will decide what to do----still have the stock and out of the option.

Just hold the stock as I like stock or write another call.

Thanks for your note

mj