How To Write Covered Calls - An Ongoing Real Case Study! Message Board

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

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To: Clean who wrote (7591)	6/10/1998 3:10:00 PM
From: Tom K.	Read Replies (1) of 14162

Clean, You can own the LEAP in place of the stock if you want. I personally own stock (margined for greater leverage). However, where I have actually been making the most of my income the past few months is on selling naked puts on the stocks that I decide that I want to add to my portfolio to CC. The stocks keep rising so the PUTs expire and I don't get the stock, and I have to stuff the premiums in my pocket and try again the next month..... Tom

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