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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?


To: jeremy eddy who wrote (5999)12/1/1997 3:34:00 PM
From: Bald Eagle  Read Replies (2) | Respond to of 14162
 
I just started doing the same. I sold covered calls on SUNW and XON.
With a big jump in SUNW today, my shares might get called away soon, but at least I have a nice double digit % profit if they do get called. My XON is looking pretty safe, though I sold JAN calls, so have several weeks to wait.
I'm also curious about there being calls for the same value, but with different symbols. I was boing to sell some ASND calls, but didn't understand the different symbols and haven't called my broker yet to ask him. Maybe, someone here can enlighten us.