SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Covered Calls for Dummies Thread

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (1827)8/7/2001 5:25:41 PM
From: Dan Duchardt  Read Replies (1) of 5205
 
John,

A lot of the regulars here do have long term underlying positions, but there have been several posts about buy-write situations. There is certainly a different mind set when you are not "worried" about being called out, and are actually hoping it will happen, but of course the evolution of any open CC position is the same regardless of your intended outcome. I contend that anytime someone writes a new round of calls it is effectively a buy-write, since they are making a choice between taking (or leaving) their money out of a stock, or putting it in and writing a call. There ought to be something of the buy-write mind set involved in all CC writing.

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext