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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: CENTrader who wrote (1800)4/23/1997 10:08:00 AM
From: Baja Don   of 14162
 
Off thread,

Hi Bill,

Been having trouble with my computers plus running back and forth to Las Vegas. Finally fixed them myself.

I haven't got the pager yet. Been watching how the splits do after the announcements. You're not going to beat the street. At best you'll beat all the people that log on to WIN that buy the options behind you. I leaning towards the other plays, do it just before the split and the play after the split. This market has me turned into an investor rather a trader. I got called away on BBRC. Got greedy two days before the 18th. They would have expired worthless at 19 1/2 but then had a 5 point run and trying to roll forward was just staying even. Funny how these options are priced in different situations.

I don't think PT Discount will let you write naked puts if I remember right. I just sent my paper work in for Pacific Brokerage.

Take care,

Don
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