What the heck am I doing? Part II

I now have bought back a Feb call on EEE, sold a Mar call on EEE, bought back the Mar call, and sold another Feb call. Net loss $90 on one contract plus $22.40 in commissions.

I know I am taking some risky positions by trading covered calls in high volatility stocks. But I do not need to compound mistakes by trading out of trouble. Either one trade to close the position completely or hold to the option expiration.

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One Response to “What the heck am I doing? Part II”

  1. T Says:

    I enjoyed reading your posts here. Keep up the good work…and, good luck with your securities strategy.


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