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

To: Hepps who wrote (5103)	3/10/2011 12:33:20 PM
From: alanrs	Read Replies (2) \| Respond to of 5205

Sounds like we trade in a similar fashion. Right now I'm short 5 CREE June 37.50 puts. 2 SNDK April 45 puts 5 SNDK April 35 puts 2 QCOM April 45 puts All of these trades would represent buying back shares I had called away at these prices or higher. Closed out the RMBS and QCOM calls on this down draft. I have no idea how long the down continues, usually leave money on the table, that doesn't bother me. I'm pretty much done selling puts for now, have plenty of dry powder should this get really ugly. ARS