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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club
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To: Math Junkie who wrote (1862)10/27/1998 11:32:00 PM
From: Trebor  Read Replies (1) of 15132
 
>f you have so much bet on one company that its bankruptcy makes you lose your home, then your problem was caused by lack of diversification, not covered calls.<

Exactly. With all due respect, I think Mr. Greenjeans was reaching with that last analogy. Anyone who bets the farm on one stock deserves to lose the farm. Covered calls won't save him, nor will any other strategy.
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