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Strategies & Market Trends : Options
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To: taxman who wrote (165)12/27/1999 6:21:00 PM
From: voop  Read Replies (3) of 8096
 
Thanks Taxman

I agree selling covered calls does not offer full protection and will get expensive if your stock melts up. I agree buying puts solves what I am looking for but the expense on a big position get tough to justify if done every month.

Number three makes me nervous, i.e. naked puts. Heck, I don't even go outside in my pajamas

Voop
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