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Service Corporation International Message Board

  • cabin111 cabin111 Jul 17, 2005 4:33 PM Flag

    Options Jan 07 $10...Covered Call...

    What will I get for them? Will it get called away? Should I do it? I don't want to take my profit, but I would like the income. My SCI is in my Roth IRA so I would like to see income generated from it...

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    • Nope i wouldnt do it.Sci didnt make 5yr highs to stop at 8.50. My opinion is that we will see 10 within 12 months.I do buy writes alot but only for range-bound div paying stocks,
      Hang in there.Let the buy recommendations do their work..figure 2 wks or so,and if Sci does not make new highs then watch for volume growing on thge sell side as a clue to exit or sell call option.

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