How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: James F. Hopkins who wrote (12820)	5/28/2000 3:29:00 PM
From: Dan Duchardt	Read Replies (2) of 14162

Jim, "Bragging" I have made money with both WCOM and KM even though I was wrong in both cases with my thinking they had made a bottom not much money but some ; in spite of the fact they both went down from the time I bought them my catching UP days and legging into the trades gave me enough advantage to over come their price drops. Heck I started with WCOM at 47..and still made money ! Legging in on Up momentum is over half the trick with covered calls but it can take one a little time to get the feel of it.. don't rush things just quietly wait until the mo mo flag is to the upside even if it's only a dead cat bounce. As long as we have caught you in a bragging mode <gg> I wonder if you would mind posting your trade dates and prices on one or both of these as examples of the timing and level of activity it takes to achieve your success. I think it would be instructive to all of us. Whether you choose to share the info or not, congrats on some good trading. Dan

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