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Non-Tech : The Critical Investing Workshop
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To: Sully- who wrote (29422)8/18/2000 6:43:03 AM
From: Clappy  Read Replies (1) of 35685
 
Wstera, Dutch, Volty, and others:

Thank you very much for your explanations.
I think I get the picture.

I see that a sufficient amount of powder is required as a safety net until one can generate enough money to do this with worries on a monthly basis.

One last question:
How long do you wait before you rollup? Do you look for the stock price to go 10% above strike, 20%, 30%, or do you simply wait until expiration?

-Clappy
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