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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: rocklobster who wrote (534)5/12/2001 11:19:27 AM
From: Uncle Frank  Read Replies (1) of 5205
 
>> I am setting up an account for doing a covered call writing campaign. I need some suggestions on stocks with high premiums.

Jmho, but I think you're putting the cart before the horse. Making 8% a month from covered calls on a portfolio that's declining 10% a month wouldn't be a very satisfying result. Selling cc's against stocks that you've selected because of fundamental excellence is the prudent approach. Why not look to your own long term holdings for candidates?

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