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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: rocklobster who wrote (795)5/25/2001 9:11:21 AM
From: William  Read Replies (2) of 5205
 
>>and i think we will see a correction before much further upside. <<

Given that you see a correction I would think that you would want to write calls, not puts. In a falling market the value of puts increases and the value of calls drops. If I am going to be short something, I want it to be something of decreasing value and not something that would require additional funds as an exercise of a put would.

William
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