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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: NSipraner who wrote (1792)8/4/2001 5:34:48 PM
From: TShirtPrinter  Read Replies (1) of 5205
 
Welcome to FL's thread,

How many ways can you say "better"? I can only tell you my personal strategy varies depending on the underlying equity. On any stock other than QCOM, I tend to let it ride and try not to buy back. As Uncle Frank coined us, I happen to be a QTIP (very long QCOM and almost fanatical about it's future success), therefore I keep that very close if I can. In other words, front month, on a bounce, and when it drops 50% from where I sold it, I cover.

Tony
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