RE:RE:RE:RE:Short coveringIf I solf ALA at say $23 and bought calls for this November at say 20.50 for .40 then if the stock goes beyond 20.50 I start to protect my position. If it runs to 22 again then my calls beome worth 1.50 minus my .40 cent investment so I make $2.10 on the whole transaction. Even after I pay dividends for a year I make 2.10-.96 = $1.14 before commissions. On 600,000 shares I would do all right. So that is one possible strategy for them buying calls for protection. But it would not necessarily influence the stock price now. That would need to be new buyers or those closing short stock positions.. A few thoughts...