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

To: Hepps who wrote (4941)	8/22/2007 7:55:19 AM
From: Hepps	Respond to of 5205

Took the easy way out yesterday, Selling the CSCO 27.50s for 2.90. I make over 1% and have downside protection of over 10%. This is the same stock I sold Aug 30 CCs on last month for .95, after buying the stock for 29.90. I'm happy to bank the 4% for 60 days... I would have liked to write the 30 call again, but something in the back of my mind is telling me not to get greedy right now. As always, I left money on the table with a poorly timed trade. Hepps