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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: TShirtPrinter who wrote (2797)10/19/2001 6:57:19 PM
From: Uncle Frank  Read Replies (1) of 5205
 
>> Unc Frank will be glad to know I am getting those shares taken from me that I accidentally sold as Oct 45's.

Tony, before anyone decides I'm wishing you bad luck, let me explain.

The only reason I'm glad you got called is that it will reduce your margin debt. One of these days I hope you'll check your portfolio balance and realize you don't need leverage to achieve your goals. I'm pretty sure you've already met them.

duf
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