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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Road Walker who wrote (2241)8/25/2001 3:51:10 PM
From: robwin  Read Replies (3) of 5205
 
To the group:

I was browsing the CBOE today and something caught my eye that I never heard of...it is an option product called Equity Flex Options and bascially allows you to pick any equity and select your option terms such as strike price, expiry date and excercise style...now, I probably am the only one here who hasn't heard of it but would not such a product provide an additional array of tools to the covered call writer?

If i could pick my strike price and expiry date, it would certainly give me the flexibility of picking times when to write and cover my positions without waiting for the manipulations that the third Friday in every month brings...

here is the link...http://www.cboe.com/Institutional/Flex.asp

any comments would be appreciated...

Robert
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