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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Jerome who wrote (4348)3/11/2006 6:46:19 PM
From: rrufff  Read Replies (1) of 5205
 
Excellent advice - I've a large position in XOM, which I've treated passively over the past few years (luckily it seems) and only recently decided to manage it actively. Your advice plays well with thoughts I've had over the past month or two.

Your advice to initiate after a modest sell off - are you suggesting that the premium value is generally greatest at that point? (all other things being equal.)

Thanks again.
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