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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: FaultLine who started this subject	9/5/2002 10:16:25 AM
From: Uncle Frank	Read Replies (1) of 5205

Damn I'm glad I covered everything. My stocks aren't far off their prices when I wrote the calls, and I have a nice pocket full of change to boot. But perhaps most important is the psychological cushioning when we have down days like this. I had counted on a strong tech rebound beginning in October, but with the string of bad corporate news, like CF, and the political climate, I'm not so confident anymore. Covered calls may be the best game in town for a while longer. duf (and I earned that "d" the hard way)

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