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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: harmonyss who wrote (4587)	11/20/2006 9:06:33 AM
From: alanrs	of 5205

I think most of the oldtimers here don't search for new stocks on a regular basis. I'm mostly invested in high beta tech stocks, and was long before I started doing options. It just made sense to sell against what I already owned. Not that the various options sites don't yield good opportunities, because they do. However, playing the game that way would take a lot more due diligence and research than I'm willing to put in. I'm guessing that this has turned into a $50 per hour part time job, and that includes the book keeping. At this point it takes virtually no effort. ARS

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