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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (74358)11/1/2007 12:44:21 AM
From: Elroy  Read Replies (1) | Respond to of 77400
 
I really hope you are making up your losses from being a Cisco bear by making some gains in some other stocks...

Losses? Do you not know what a covered call is? I've sold them twice since I bought CSCO for a total of ~$1.40 and not gotten called. I still own my CSCO which I bought at $25. If I get called in 2.5 weeks, I'll have made ~$9.10 per share on CSCO.

Losses? What are those?