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Technology Stocks : Compaq
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To: SecularBull who wrote (30781)8/11/1998 1:10:00 PM
From: CCWriter  Read Replies (1) of 97611
 
LOD,

Selling "Covered" Calls cannot be considered bearish. The term covered requires holding the stock (being long). It would not make sense to be bearish and hold the stock at the same time.

Selling covered calls is a bullish/flat strategy. This may include some sort of short term downtrend expectations.

blaine
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