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Non-Tech : The Critical Investing Workshop
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To: drenko who wrote (29389)8/18/2000 10:26:43 AM
From: RocketMan  Read Replies (2) of 35685
 
Another thought. How about using the QQQ as a CC vehicle instead of individual stocks? You don't get the volatility premium you would with a high flyer, but you get more protection from sudden dives. I sold my first CC this morning, just a single contract on QQQ, got 4 and change on a 96 Sept strike. That's 4%, not bad.

rm@stillwonderingwhatiammissingandhowiwillgetscrewedthistime.com
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