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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: TimF who wrote (4676)	12/21/2006 3:13:28 PM
From: Uncle Frank	Read Replies (1) of 5205

>> The risk is higher, but the returns can be higher, and calls can substitute for shares. Picking the right number on a roulette table pays 35:1, but the gambling houses build huge casinos from their profits, and the patsies go home broke. Buying naked calls is very bullish, and buying naked puts is very bearish. Do you feel "very" anything about this market? duf

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