Replies to post #81 on Covered Calls

[Joe Stocks]

PGJ - New port position. Long @ 23.68 , 200 shares. Sold the APR 24's for 1.10.

China index ETF. China has been beaten up enough. I think China stocks in general are well positioned here.

[choad]

CROX Looks like the principals are buying this one. The 250 should be 250k.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=28032130

[choad]

Perhaps it's time for a new advertising campaign like "They're a crock if the aren't Crox!"

[rickh]

Joe, I'm curious what is your recovery plan for the drop in CROX that happened in mid-April. It seems you must have either wrote your next CC at a much lower strike price (risking a loss if called) or accepted a much lower premium.

Sorry if you posted this information - I looked through the thread and did not see it.

I ask because I see the potential for a stock tanking as the big downside to a CC strategy - it locks you into a stock that may be depressed for long time.