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Strategies & Market Trends : Options
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To: Jeffry K. Smith who wrote (7953)6/9/2000 1:00:00 PM
From: Tom K.   of 8096
 
...You have more guts/timing/luck than I do to engage in naked calls to the extent you did....

Thanks for the kind words, Jeff. Hopefully, I have some trading experience and discipline that goes along with the luck.

The reality though is that this was my first real venture into naked CALL writing so I was watching it like a hawk. That's not my usual style, but the close monitoring may have helped. Most important point for me to realize is one good month doesn't make a trend.

I generally do well on PUTs, but don't let me kid you..... every now and then I blow one and it takes quite a bit to recover..... but that's what investing is all about.... RISK.

Tom
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