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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Dan Spangenberg who wrote (4432)	7/16/2006 12:15:45 PM
From: Uncle Frank	Read Replies (1) of 5205

>> Here are the stocks I have that I could write on. Going to show my dirty laundry here a bit. Many of these are not conscious ltb&h positions, but rather positions I should have gotten out of, but find myself holding. An often overlooked aspect of covered calls is that they are excellent for smooth exits. Since you have stocks you didn't choose to hold for the long term, write slightly it-the-money short term calls on them, and let them get called! It will keep you from indecision and trying to time it so you get agonizing over getting the last nickle out of them. duf Btw, anyone heard from Faultline in the last hundred years?

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