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

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To: tuck who wrote (11871)11/22/1999 9:48:00 PM
From: Dan Duchardt  Read Replies (1) of 14162
 
Welcome back Tuck!!

Glad to hear you're getting off to a good start. I've moved from the paper trading I was doing (like EDFY) into some real positions that have made me some money, but I seem to have a knack writing ATM or ITM calls just before the underlying stocks make a strong positive move and writing the OTMs for relatively small premies only to watch the stocks pull back. I've been out of synch with IFMX ever since I started with it. Got called out of PAIR after it popped for 30% literally hours after I wrote ATM calls. Still, I'm learning, and it's a lot better learning and making some money than learning with the expense of losses.

Dan
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