Covered call update

Well, it’s been a rollercoaster with my covered call. Ebay went up to 47 and I would have had to sell my shares at 45 or buy the call back for $2/sh resulting in a loss of $500. However, it seems like Ebay has come back down, it can’t seem to break its pattern. If I survive this call I don’t think I’ll be writing another one for a little while as I think the next breakout in 2006 will bring it above 50.

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My blog about living life to the fullest by generating passive income through real estate, business and online investments.
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