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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Jon Khymn who wrote (4196)	4/15/2004 8:37:10 AM
From: Dominick	Read Replies (3) of 5205

LOL. No insults intended. My "to the point" remark was to get a response. Which I see worked! Now, you stated, "....I lost so much money buying options..." and now you want to make money selling them. Buying options is a "directional" strategy. If you were doing poorly with that, selling them or CC writing isn't going to help either. I deduced from your post,right or wrong, that your basic analysis of the underlying securities is at fault. Or, you lack ample understandings of how options work. Which of course leads to a choice of the wrong strategy. So the question is, what are the reasons why you chose RMBS? Dominick

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