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Non-Tech : The Critical Investing Workshop
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To: No Mo Mo who wrote (1862)1/31/2000 7:52:00 PM
From: Voltaire  Read Replies (1) of 35685
 
Yes I do but up until the expiration there is a good chance you are not going to get called. Now what I mean by the 20% and I am being conservative is that even though you are covered, your calls will not move in lock step with the stock and the appreciation above the movement of the calls is yours and that will probably in the range of about 30%. So if the stock even though covered moves up $10,000 you will still receive appreciation in your account of about $3,000. Not bad.

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