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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (17945)5/10/2000 8:32:00 AM
From: uel_Dave  Read Replies (1) of 35685
 
<<The mistake I see people making on covered calls is not buying back when there is no longer any intrinsic value left. With just time value left, the writer is no longer covered except for time erosion.>>

Voltaire, then we should not let the CCs expire? It is better to buy back the CCs when all the time value is gone and then cover again for the following month? Correct me if I am wrong?

TIA,

David
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