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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (3622)2/13/2000 2:29:00 PM
From: uel_Dave  Read Replies (1) of 35685
 
Thanks Jill, I agree to your suggestion of NOT to write July. Now, whether I do monthly or quarterly CCs. I was thinking more of quarterly since I have four accounts to change, however once the strategy is understood, then the tactical trading of the calls should be quick. I was thinking of the April 175s, but I could also do March 170s and then buy the calls back on a dip or if necessary let the CCs expire. I am reading the McMillan book on options, however I enjoy our dialogue better. I now need to set up US money market accounts inside the CDN non-taxable accounts so that I am not hit with currency costs and keep the proceeds in USD.

David
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