<Can you give any suggestions on finding stocks for CCs?>
In general, the first 100 or so posts might be of interest. My feeling is that if you start at the beginning of the thread and read the posts until you get bored you will have covered a lot of the ground the rest of us did in starting.
While not a complete list, the following posters seem to have either a good theoretical grasp of the subject or a lot of experience doing this. My apologies for any names I may overlook or misspelled.
Dale Russell
Dan Duchardt
Mathemagician
John Shannon-unfortunately only posted here briefly
Uncle Frank
William
I think you would get a fairly good feel for all this if you were to read these posters, probably in a scanning manner until you found an interesting post and then the discussion that followed.
coveredcalls.com
This site provides a list along the lines you seem to be looking for. While I have it marked, I haven't really used it. Since I just bought stocks for the majority of my investing life, when I discovered calls it was more natural for me to look for opportunities among things I already owned and knew something about. There are buy/write strategies wherein one wants to be called out on every transaction, and this site is probably useful for that. I still think that one should know something about any stock they buy, because no matter what the intention of the buy/write it's always possible that things don't turn out as planned.
The stocks I have written against repeatedly are CREE, TQNT, LSI, QCOM, & HLIT. Others that I have written against less often are NTAP, SEBL, RSTN, & PRIA. Mostly this reflects the relative size of the various holdings, but other things do come into play. I don't IN ANY WAY mean this to be a recommendation to do anything with any of these stocks.
Sorry to be a little thin skinned about your first post. I was sure I smelled a little sarcasm. Welcome and good luck.
ARS |
