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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: edamo who wrote (31403)2/20/2001 12:21:29 PM
From: SecularBull  Read Replies (1) of 65232
 
Perhaps the confusion is between the person who holds the common for the long term vs. the person that buys it to cover the short call on a case-by-case basis. As long term players, we are in agreement.

I see Voltaire's point about premium. He's writing for the trade in a sense. We're writing to produce income to go along with our long term positions.

LoF
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