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: Herm who wrote (7751)	6/24/1998 8:45:00 PM
From: Jim Seiler	Read Replies (2) of 14162

I'm new to this board, but I just sold (naked) some CSCO puts collecting the premium and betting that the stock will drop enough to have it put back to me at a lower price. If it goes thru the roof, I've collected the premium, if it goes down below the strike it will be put back to me... worst case is it tanks and gets put back to me at a much higher price. Anyone else have any thoughts (good or bad) about this strategy in general? Jim

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