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

To: Uncle Frank who wrote (4963)5/13/2008 7:55:54 AM
From: alanrs  Respond to of 5205
 
There's no money in selling the $47.50 or $50 calls, so the market apparently agrees with you. Qcom is still my largest holding, by far, but I haven't been doing anything with it. My best guess is that the legal nonsense will resolve itself the day after the market generally takes a 20% hair cut, and yet I can't bring myself to sell any of it outright, which leaves me in a 'deer in the headlights' spot. Not my favorite place to be.

ARS



To: Uncle Frank who wrote (4963)5/15/2008 8:04:46 AM
From: TShirtPrinter  Read Replies (1) | Respond to of 5205
 
Greetings Uncle Frank,

I've been selling cc's on QCOM with quick turns for a profit. While it seems toppy, just a feeling, I remember the run we got on news. I am trying not to be on the wrong side if/when that happens again.

Tony


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