How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: Douglas Webb who wrote (5662)	10/27/1997 5:16:00 PM
From: FR1	Read Replies (1) of 14162

Doug, >is this a market meltdown we're seeing or what? -554 points is bad? Naw, think like sailor would - this is a solid gold bull market buyng opportunity <gg> Actually, there is something to be said for that. I am looking at RXSD and this looks like a good time for a straddle. Then, after it goes up some, I will capture the stock and write ccs. What do you think are the best "hammered down" stocks we can write ccs on as they come up? Are you there Herm? What do you think? We ought to be able to make something out of this. Maybe this is just a time for well placed straddles.

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