The Covered Calls for Dummies Thread Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Covered Calls for Dummies Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FaultLine who started this subject	5/3/2001 1:00:59 AM
From: Dr. Id	Read Replies (3) of 5205

Disclosure: Sold 3 sets of covered calls today: ELON May 20's for 1.50 CSCO May 20's for 1.10 VTSS May 40's for 2.50 All of my portfolio's positions (with the exception of one) are covered this month. Many will be called away (unless they come down enough in the next few weeks to buy back). My thinking is that I'm generating income and greatly reducing margin loan (with the goal of eliminating margin completely this month), while waiting for the next significant correction to leg back into many of the same positions. Then I'll write calls against them again, until the economy is looking stronger and it's time for LTB&H again... Dr.Id@markettimingfordummies.pov

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next