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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!
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To: Greg Higgins who wrote (6121)12/13/1997 2:27:00 AM
From: R. Gordon   of 14162
 
Greg,

I like your idea a great deal - there is a lot of room for covering and selling the calls a number of times. I would probably go toward selling April rather than July myself. Even if a stock should dive, you have two years for it to recover. When the stock is extremely high there is a chance to pick up some cheap protective puts.

Thanks much,

Richard
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