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Strategies & Market Trends : Calls and Puts for Income
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To: kaka who wrote (3090)9/27/2008 3:04:19 PM
From: Jerome  Read Replies (3) of 5891
 
I did suggest WM as a covered call write on the 19th of Sept.

At that date it did look like they would be acquired.

But in this market perspectives change quickly, and there is no protection from a reversal in outlook.

Some financials have worked out well for me. UYG, XLF, C, WFC and others have been a pain MBI, WM, FRE FNM.
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