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

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To: Casaubon who wrote (12245)1/24/2000 11:36:00 PM
From: jebj  Read Replies (2) of 14162
 
>If your long LEAPS get called away, you lose a lot of money in time value. - Casaubon

I assume you are talking about using short term options against the LEAPS in which case you are certainly correct.

However it seems to me that Roth makes a very good case that using LEAPS in every single case is better than what we consider "normal" options plays.

In other works, why use the shorter term options against the LEAPS when you can use LEAPS themselves?

jb
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