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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dominick who wrote (3453)3/1/2002 3:30:56 PM
From: Victoria Walley  Read Replies (2) of 5205
 
Happy hour starts early around here! Guys, I am finding this market just fantastic for writing CCs... I usually go 2 or 3 months out and am finding some very nice premiums available (and not just on hi tech stocks). The volatility lately has also allowed me to close out positions early for tidy profits.

I'm eyeballing DELL right now, it's moving in the right direction and I'm looking at selling Apr 27.50s. Will be my 12th or 13th round of calls sold against my position. Even better than being a landlord.
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