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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (5123)3/29/2011 6:38:07 PM
From: alanrs  Read Replies (1) of 5205
 
"No you shouldn't have. It wasn't a tip... just a suggestion to do your own due diligence on a richly priced derivative."

Yeah, I knew that, just funnin.

Whenever I look at a new stock it feels like jumping rope, double dutch (or at least how I imagine that feels since I can't jump rope). If I can get into the rhythm of the thing, great, if not I can always go over a block and see if there's anybody with a jump rope that suits me better.

It's up on my screen and I'll continue to watch it, just because it's up today says nothing about tomorrow. I'm trying to broaden my horizons, break out of just trading the same old names year in and year out. Do you screen for high premiums in some way or is this one you follow that just happened to be rich right now? My tendency is to screen for stocks I wouldn't mind owning and then wait for a premium I like.

ARS
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