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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Road Walker who wrote (2564)10/4/2001 7:25:48 PM
From: JohnM   of 5205
 
Is anyone selling calls into this rally?

I'm having a terribly difficult time not doing it. I would love to get back in. But I still worry that the Novs are after quarterly reports; the Octs are too low, at least for me, to make up for the risk; and it's still too early to see even slightly predictable trading ranges.

But, having said all that, and having not sold earlier in the week, I could change my mind on a dime (or a decent premium that looks fairly reasonable).

John
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