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Strategies & Market Trends : Befriend the Trend Trading
SPY 683.39+0.5%Nov 28 4:00 PM EST

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To: Bald Eagle who wrote (38332)1/6/2006 12:14:07 PM
From: the Zwei  Read Replies (1) of 39683
 
I appreciate your posting your trade here.

I also like to sell covered calls against my long term holds to add income but I go a little further out of the money than you. This raises the probability that my stock will not be called away. Of course, I get less income this way but I roll over my calls every two months or so and the premiums add up.

Zwei
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