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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: FaultLine who started this subject8/20/2001 12:05:08 PM
From: rydad  Read Replies (2) of 5205
 
After missing out on my chance to write some calls last week, I am trying to decide when to write my calls. All of
my stocks are currently uncovered (after last week's options expiration). Unfortunately, most of the stocks are in the lower end of their trading ranges. And I am aware of tuesdays Greenspan rate announcement. I would think it will be no surprise that it will be a 1/4 point drop. How will that affect the market? Do I write now while prices are low or wait find what happens tommorrow after the rate cut? I don't want too much time value to expire.
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