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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 (12287)1/29/2000 12:47:00 PM
From: Sam2482  Read Replies (1) of 14162
 
The following is my first attempt at CCing using LEAPS.....

Buy - XRX JAN 02 15 @ 9.50
Sell - XRX Jul 00 25 @ 1.6875

Return is 17.7% for six months. Annualized 35.5 % return.
Although the return is not astronomical it seems to be a conservative way to achieve 35.5% return.

I welcome all comments......still learning.
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