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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: Uncle Frank who wrote (652)5/18/2001 5:11:23 PM
From: J F Allen  Read Replies (1) of 5205
 
UF, I don't look at the loss and do look at the 37%. I wrote that for the beginners because the first couple of times it happens it is a shock.

On the other hand I have had a hard time explaining to my wife that it really was a smart thing to do i.e. giving up $9 and making $7
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