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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (1908)8/10/2001 6:30:05 PM
From: rydad  Read Replies (1) of 5205
 
But (imho) isn't there an assumption that the stock we choose should be a good quality stock that if it did drop significantly in price, we would be glad to own it? This is my perspective as a ltb&h investor.

In my case, I want to hold my stock, because some day I hope it will go up again. In the mean while I want to write calls or do whatever to produce some additional income.
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