Rolling over the calls..... yeah, you can keep rolling over the covered calls or do a calender spread on MRVL, but like "why"? Why nurse a dead-stock? Why not buy a stock that is "actually" rising and sell covered calls against it? Or do a calender spread on a "rising" stock. MRVL's not a rising stock. It's "road-kill".
I am hoping for a rise to $17 in Jan/Feb so I can dump it. I may hold my (20) JAN09's as a momento? It's sure trashed my IRA's.
There are plenty of good stocks out there that will rise as the market rises. Whether MRVL will rise appreciably in the short-term is highly "speculative" to say the least.
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