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

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To: mc who wrote (5689)10/29/1997 7:56:00 AM
From: Vol  Read Replies (2) of 14162
 
gary, Re:when to write cc

depends on your goal. if just safe monthly return, then i will write at the money/in the money call when i buy the stock.
(see siliconinvestor.com
if you want to keep the stock, wait for TA to show you the top (bb, rsi, stochastics, tea leaves) then write call. cover when stock drops down to lower bb, rsi<30. guys on here like herm, doug, etc are good with TA.

watch out for sailor, he's sneaky. <gggg> he tells us he's buying, then we all jump in and buy and he dumps his 100K shares. we like to call him Vinik Jr. hehehe

vol
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