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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (3252)1/13/2002 10:18:37 PM
From: Dominick   of 5205
 
Advice well taken. Thanks Dale.

In my early trading days I paid an awful lot of money to learn the lesson of when your stop is hit get out.

When a stock and option price meets my parameters and I enter a trade, I generate a list of various stock and option price combinations that equate to a break-even trade. I also have a list of put prices I can buy in case a stock gets away from me as HAL recently did.

Again thanks for the advice,

Dominick
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