How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: CCWriter who wrote (5)	2/9/1997 3:55:00 PM
From: CENTrader	of 14162

Blaine, You might want to put in a "tight" stop loss order to limit your downside when first buying the stock. You should ask yourself how much you're willing to lose on the stock.An expert trader would most probably limit that amount to 8 or 10%. Then if you get stopped out, it's on to the next one!! Make it up on your next trade. Cut your losses & RUN!! What do you think, Herman??? Bill

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