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Non-Tech : The Critical Investing Workshop

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To: SE who wrote (29921)8/21/2000 11:03:26 AM
From: synchro_fan  Read Replies (1) of 35685
 
SE:
I AM GETTING A HEADACHE TRYING TO READ THIS as Voltage has PMed at times when I get way too complicated. I think CCs are suppose to be stress free. This sounds too confusing.

Here is what I do: I buy the stock and sell the call ATM. I go away from the puter and come back just before expiration Friday UNLESS I have read that there is something extraordinary happening with the stock like maybe JDSU is buying it or somethin. Then if there is no time left and the stock might be rising, then I MAY(and it is just a may buy it back for pennies.

I never buy it back if it should rise as this is playing the casino because you can buy it back and sell it again and buy it back and sell it. Crap shoot, I think.

Just the way I do it and make money and try different vehicles.

Syncie
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