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Technology Stocks : Dell Technologies Inc.
DELL 126.59+0.1%Dec 22 3:59 PM EST
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To: edamo who wrote (113407)3/30/1999 10:57:00 AM
From: TigerPaw  Read Replies (2) of 176387
 
correction ... begins write covered calls

I've tried and not done well. The problem is I can't seem to figure when a correction begins, but I can recognize when there has been a 20% decline and people are screaming that the sky is falling. For every call I wrote when a correction begins, I have written another which I either bought back at a loss or just let the stock get called.
(Maybe I use too short a term of calls?)
TP - (who will be paying off the margin today)
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