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

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To: Roy Travis who wrote (11096)6/26/1999 1:03:00 PM
From: Tom K.  Read Replies (1) of 14162
 
Do any of you math whiz's out there know the algorithm that produces this result?

Roy, not a math whiz, but years ago I wrote a small program (in dBase) to do the computation as Macmillian explained in his book (OSI). I trust in the updated version of the book he still provides the formula.

Just some experience speaking.... I found that all the computations, algorithms, and programs didn't mean a hoot to profits if the underlying issue was the wrong one. Wasted a lot of time barking at the wrong door.

Tom
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