Poet, That is very kind of you to offer. Although I have bought and sold Q calls, I have read the discussions of people raking in monthly money through covered calls without grasping the concept, so I really appreciate the help.
I have quite a bit of JDSU. How, for example, could I apply this technique? When I look at the options for JDUS, I see bid/ask for calls, but have no idea how you arrive at the money you expect to be paid (the premium?). Also, given that it sounds too good to be true, what do I risk losing?
Again, many thanks! Anna |