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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: waverider who wrote (733)5/22/2001 10:52:03 AM
From: Uncle Frank  Read Replies (2) of 5205
 
>> The market has a way of ruining a party. Savy folks have had a nice year plus of selling calls and making mucho money. That can not go on forever.

Nothing says that we have to be covered at all times. I take special care during options periods that include earnings reports or possible Fed actions. And now that premiums have turned low, I may sit out a cycle or two.

It feels good to be uncovered right now :-).

duf
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