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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (28653)9/23/1998 4:03:00 PM
From: Berney  Read Replies (2) of 94695
 
Jim, Thanks for the map update.

All the hurricane staples are gone from the store shelves and the schools in this area are closed Thursday and Friday. So they're taking this one seriously. We'll see. We haven't taken a hit since 1960.

I've been mentally playing with covered calls/puts for a while. Don't think I would want puts until we get past October. JMHO. It would seem to this uneducated individual that we would want to write covered puts if we thought the market was going up, and covered calls if we thought the market was going down. But, I haven't tried it yet so I'm not educated on the matter. But, I agree with you that it looks like a money maker.

As silly as it sounds, the Intel Trader thread really has nothing to do with Intel. It's just a sandbox where a few of us like to play.

Berney

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