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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: alanrs who wrote (4969)5/19/2008 3:51:05 PM
From: Uncle Frank  Read Replies (2) of 5205
 
>> Right now you're not looking so smart...

Hell, I haven't looked smart since 1999 :-/.

>> I'm also very paranoid about the curse of the public post.

You know, it's really OK. If I get called out it will be for a total price of 45 + 1.35 = 46.35, which will be a nice return. That's the beauty of writing covered calls against a profitable position.

duf@wtfdik.com
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