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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dr. Id who wrote (2630)10/11/2001 12:42:00 PM
From: JohnM   of 5205
 
But isn't the volatility what creates good premiums on calls? If we wait for the market to go back into the doldrums, the premiums will also recede.

Id, I, of course, have no idea what Frank meant but his comment reminded me of something I keep, rather unsuccessfully, telling myself. Don't trade the market until the trading ranges are reasonably stable. They ain't now. And that's my mistake. Just too eager, greedy, dumb, whatever.

John
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