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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (4583)	11/19/2006 9:53:46 PM
From: Al Greenleaf	of 5205

Thanks, Frank and Bridge! I STARTED with the "D" for dummy! Good info, on a question impossible to answer. For the record, I have done well, with long options, when the stock trend was solid, and the Call 3 or 4 months out. You are right about most "expiring worthless", and the higher risk. I did learn that you cannot freak out when the stock is down 2% and the option drops 20%. If the trend is intact, stay! Sit. Heel!! I am learning about covered calls because I have not some so well with them. I hope to learn more here. Thanks for your patience.

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