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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 (9727)2/24/1999 7:10:00 PM
From: Kalman  Read Replies (1) of 14162
 
I am confused. What do you achieve by selling short against the box. Whatever you make on the long side you lose dollar for dollar on the short side and vice versa. And if on top of that you have to pay margin interest then you're just losing. I'm sure I'm missing something....
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