Gorilla and King Portfolio Candidates Message Board

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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Dinesh who wrote (50107)	1/27/2002 12:25:02 PM
From: Uncle Frank	Read Replies (3) of 54805

>> is that to imply that you're satisfied as long as you hit a certain profit point? No, sir, it isn't. I don't use covered calls as trading tools or as hedges, but rather to generate a modest income stream from my core holdings without resorting to selling stock. My results are more dependent on wasting time premium (theta) and volatility than on the underlying reaching a specific price, and in the best case scenario, I keep both the stock and the premium. You might want to check out the covered call thread that FaultLine started. Subject 51101 uf

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