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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (2020)8/15/2001 3:57:38 PM
From: rydad  Read Replies (1) of 5205
 
"I think you could improve your returns by being patient enough to identify where each of your holdings are in their
trading ranges, and only covering those that in the upper band. That applies in reverse to closing out the positions,
which is what you've been doing with your qcom september shorts."

With that in mind, would the following make sense (to shift the odds more in our favor):

(Given one has his/her eye on a couple of good stocks)

When writing a put---write put against a stock in the low end of its trading range.

When writing a call---write call against a stock in the high end of its trading range.

thanks
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