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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: GROUND ZERO™ who wrote (22042)7/25/2011 10:26:40 PM
From: Kirk ©  Read Replies (1) of 220478
 
No argument there. I'd be interested to see if you can continue to make 8% a month with the same strategy. If nothing else, it tells you just how much people over pay for call options for whatever is hot.

How much can you make per month with something boring like Intel? I wouldn't mind getting longer Intel with its great dividend and if covered calls take me out of a position in an IRA where I'd be using money sitting in fixed income making next to nothing... not a big deal as I'd be well ahead of MM funds... It could make a lot of sense there where I'd have no problem holding more for years.
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