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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (3808)	6/13/2002 6:12:50 PM
From: Gary E	Read Replies (1) of 5205

I agree it's very hard in a bear mkt..just as hard in a bull mkt..unless there's some tricks that I have not cought on to.. Your GMST buy and write looks like it worked out to some degree....but I'm not sure, was it worth the risk? only you would know... ...seems that extra cheap commissions are a requirement and so far I have never seen actual numbers that show the actual $$ figures....Maybe I seem a little outa line with this but, that's the way I see it...sorry, As for guys that want to keep a stock no matter how low it goes...well, dont try to convince me it's anything other than vanity.....cuz they are LOOSING $$ and they know it...dont pass that idea off as selling calls to make money... End of rant... Hal

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