Wendell,
Who says I have to wait to buy the options back, I could buy them next week for $1.00 if they get there and make 11/16's on 20 contracts pocket $1375 less commish and continue my long term 4,500 share bullish position. Why do you get so offended that I am earning off of my position. I am posting what I am doing because I like to interact and get others opinions. My strategy makes me money, I learned it from an old timer who got very rich by selling calls. I like investing this way, but it is not for everyone. I watch the market to earn money, if I were not watching so closely I wouldn't sell calls, I have the luxury of being able to trade the way I do.
Let me tell you something, everyone here has their own agenda, I simply call it the way I see it. IDX as well as any other stock will not become a religion to me. I have been cured.
Good luck,
Rob
Steve tell your brother to go buy Options for Beginners, I deleted his e-mail by accident. |
