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Chicago Bridge & Iron Company N.V. Message Board

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  • dolcefarniente2001 dolcefarniente2001 Dec 25, 2007 7:12 PM Flag

    In a predicament.Please help..


    I wrote the calls in late Aug. when share price started going down. The Jan $35 call options sold were � $6.20 and I had paid � $39 for the shares. That gave me a cost basis of about $32.85/share. As of Friday the same options went up to $25.30, so I figure if I buy them back now my cost per share will be �$58.15. When I've written calls before I've always closed them out, but I never imagined this stock would make such a run..

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