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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 (5002)9/11/2009 9:27:30 PM
From: wilywilly  Read Replies (1) | Respond to of 5205
 
DUF,
With the huge run up in the markets since March, I've been making very good money writing covered calls on everything in my portfolio (QCOM is my biggest holding and has really paid off - nicely range bound, with fat premiums).

I've been writing into every rally, and have generally been lucky enough to get a small pullback to let them expire. So far, so good. August expiration was dicey, with the huge spike into that Friday's close, so I have a few rolled WAY OUT, but I'll catch up to them eventually.



To: Uncle Frank who wrote (5002)9/17/2009 4:38:42 PM
From: CrackheadBob  Read Replies (1) | Respond to of 5205
 
I have also been writing calls mostly on my QCOM holdings as that is my (by far) largest position. The stock has been volatile and trading fairly sideways for a while after a big run up so it's perfectly suited for writing calls.