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Strategies & Market Trends : Options
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To: Tom K. who wrote (7751)5/8/2000 5:57:00 PM
From: Atin  Read Replies (2) of 8096
 
There's a term for this: "a closet naked writer" -- someone who writes covered calls but isn't actually willing to let go the stock. I thought the term was funny. <g>

I have a related question about covered calls -- under what circumstances would one sell covered calls ATM or slightly ITM one or two months out?

-Atin
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