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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Alias Shrugged who wrote (1685)7/31/2001 9:45:56 AM
From: William  Read Replies (1) of 5205
 
Mike

>>I choose calls which are ATM or slightly OTM for usually the maximum time allowable. <<

Why do you pick the maximum time allowable? I usually do just the opposite, write the front month. The further out in time you go, the less is known about what the market will be doing, the smallest dollars per day decay, and the most time your assets are locked up. So could you explain for us why you go to max time? Thanks.

William
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