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Pastimes : Ask Steve
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To: hpeace who wrote (926)2/24/1997 4:39:00 PM
From: scott blomquist   of 4749
 
Steve,

Please forgive me if my questions are stupid, but I have not done much with options and am not too knowledgable about them. So my questions are about your strategy that you say "pulls all the profit off the table each month". Could you elaborate on this strategy? In doing so could you describe exactly the option and put and covered calls. I.e. what is the difference between a covered call and a call. I am just trying to get a basic understanding.

Thanks and pardon me for my ignorance.

In Christ,

Scott
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