Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Feb 4 4:00 PM EST

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To: penthouse mike who wrote (31420)	4/30/2012 9:50:45 AM
From: GROUND ZERO™	Read Replies (1) of 222921

Hi Mike, as long as my model is still long, I plan to hold my covered call positions until expiration, that's just another few weeks... the beauty of this position is while the markets are lower this morning, the calls are even lower, so I'm making money today also... I really like the covered call position for that reason, I'm trading time, all I have to do is wait and take my profits... and If the model is still long at that time, then I will also write in the money June calls and do it all over again... GZ

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