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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (3806)6/13/2002 4:38:22 PM
From: Gary E  Read Replies (3) of 5205
 
Hi Dale,
am not sugesting anything, and I am sorry for your loss, it's no different than some of my own. My only point here is that so many of the supposed xperts that advocate selling calls on stock you own have NEVER shown me an example where they have come out ahead...

Just maybe I have seen the lite and realized that those people have been lied to by market makers or so called guru's to encourage us not so knowledgeable so called investors that "You too can make a lota (or some) bucks selling calls, so do this...yada yada" Weeell in a word....BULL....
If anyone has a real time exapmle's ...speak up....
Post what stock you are buying and the call you are selling....maybe we will all learn something...

Hal
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