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 (13481)	1/12/2001 4:31:54 PM
From: PAW	Read Replies (1) of 14162

Herm, I have just gotten back to all the info from you. A lot of it is much more advanced than I can understand at this time. I do appreciate your taking time for trying to enlighten me though. I will study the charts more closely to try to figure it out better. I should have waited a day to do a covered call. Is that right. You said write it at its peak and I did it at the bottom. Now I am stuck till it goes back down, right. Then I can buy back the call and wait till it goes up then write it again for another premium. This time at its supposed peak. Is that what you are saying? Not necessarily on this stock, but using it for an example. I hope to get a few more old messages read today also. It is interesting reading and a good way to become familiar with terms and actions. Thank you and good trading to you. Pat

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