Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Herm who wrote (8149)	8/16/1998 3:53:00 PM
From: Senator949	Respond to of 14162

Herm, Re: "You did good Robin and NAILED it on the money! Wow, you racked in some heavy premies!" I even picked the right day to buy them back. I was just too greedy and picked the incorrect ask price two days in a row. I tried to close them out last Tuesday at 2 7/8 but lowest they went was 3. Then Wednesday when I asked the same ask as Tuesday's close I still missed by a 1/16. I eventually closed them out Thursday at 4 1/8 and ended up clearing exactly $1 per share after commissions which I'm really quite satisfied with for 4 trading days time. I wanted out before DELL's results come out Monday fearing they will have an effect on CPQ as well. Tuesday I'll probably start planning my next play. Robin