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: Herm who wrote (13132)	8/13/2000 12:34:26 PM
From: Mannie	Read Replies (2) of 14162

Hello Herm & the rest on the thread. I have been following your postings and will come out of the fog and introduce myself now. I have been giving myself an in depth education on cc writing over the last 5 months or so, looking for a somewhat mechanical system in which to both build my portfolio and create a cash flow system. Currently I have one half of my portfolio in long hold "gorilla" stocks, that I have no intention of touching for the foreseeable future, the other half is freed up as a "vehicle on which to write covered calls (including my entire SEPP-IRA, due to the lack of tax consequences when shares are assigned.). Writing covered calls is just an amazing thing to me. Once one gets beyond the fear of having your shares assigned, you are freed to explore the potential of this system. Anyway, you all know the above, I look forward to the give and take participation of this fine group. Scott

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