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Re: See Shasta post# 65554

Friday, 06/18/2010 4:41:06 PM

Friday, June 18, 2010 4:41:06 PM

Post# of 77489
Better too soon than too late, See. Had something unusual happen to me this week. I had sold some naked QQQQ calls, which I shudda covered day's ago, but I kinda lost track of them and they got too profitable from the buyers' standpoint and got called away a couple of days ago. I've never had shares called away prior to expiry before, and I don't like it, but one learns hard lessons every day -- if you're gonna trade naked options, don't lose sight of when the other side of your trade is becoming too profitable not to foreclose on ya, LOL! At least now that I'm short some QQQQs it looks like it may drop next week. . .hopefully, LOL.

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