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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Bridge Player who wrote (4613)11/22/2006 2:43:00 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> "If assigned" is surely the correct terminology when writing short naked puts.

They're not naked. I'm writing against cash, and am prepared to buy the stock without dipping into margin. I'm too new at writing puts to take any chances. And since sndk is already a core holding, adding to my position is perfectly palatable.

I'm too new at writing puts to take any chances.

duf
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