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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: surfbaron who wrote (2872)11/1/2001 1:29:32 AM
From: Uncle Frank  Read Replies (2) of 5205
 
>> Buy your calls at troughs and sell calls at peaks. Sounds like a plan.

It's great if you can figure out the boundaries of the trading channel, and then not have it shift while you have something in play. I've been trying to skim a few bucks by trading Q, and despite having picked up .60/sh., found it a little too exciting for my tastes.

Imo it's too close to earnings to take chances, but I'm pretty conservative.

duf
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