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

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To: Herm who wrote (8215)8/15/1998 4:52:00 AM
From: Johndee   of 14162
 
Herm, congrats from me too. I know it's been mentioned before, but I don't know exactly which messages. I was planning on doing some CCing on my stocks, but got caught when the market starting dropping. I have about 5 companies that dropped big time before I could do anything, always saying the old adage "It can't go any lower since these are good companies". Of course they did. Now I'm trying to do some repair work. I'm not allowed to write naked, but can do spreads. I'm talking like CREAF, MT, RFS, and ANDW, to name some. I know if any of them pop up, I'll start CCing them when I know it's fairly safe, using the BBs and RSIs. Can you point me anywhere or make a suggestion? I have quite a few of your posts in Wordpad. I'll read them again, but would appreciate any type of recovery you know of. A friend of mine said to call the CBOE, but would rather not. I have both of McMillan's latest books. I'm holding CPQ 35 Sept puts. They started doing good till I saw two buy recommendations. Now it's moving up but I still have time. Thanks, Johndee
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