Options for Newbies -(Help Me Obi-Wan-Kenobe) 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 : Options for Newbies -(Help Me Obi-Wan-Kenobe)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dan Duchardt who wrote (2120)	6/21/2001 9:46:51 PM
From: PoetTrader	Read Replies (1) of 2241

WOW!!!>.>Dan you're great...a wealth of info...you should come over to the covered calls for dummies thread...I think people would really appreciate your knowledge and insight. I have to say I agree with most everything you just wrote...but most of the stocks I'm buying and writing cc's on I'm in for the long haul...I think what you're trying to say is that I could make more money not being in as much of the position as I am...however, where I am at now -- being able to generate a little income and reduce cost basis -- is a helluva lot better than the way I used to play the market which was to stare morosely at my shrinking portfolio... In my fidelity account I can't buy in the money leaps and write cc's on them -- at least they don't let me do it when I trade online. Perhaps I should call them and see if that's available...-- I also do just buy calls outright and trade them as you described...I've just been having too much fun (for the most part) writing calls and making some nice premium...and I haven't lost money yet except on paper... All thanks and best, PoetTrader

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next