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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study!

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To: pride who wrote (10808)5/16/1999 6:07:00 PM
From: Herm  Read Replies (2) of 14162
 
Hello Pride!

The others have given you the best advice! DON't write CCs uncovered! That goes beyond speculation and into gambling. If you want a big bang for the buck try writing LEAPs calendar spreads which is basically equal to CCing against a LEAP surrogate for the stock. ROI of 25% and more per CC round are not uncommon.

Excessive pride in the stock market can be a deadly trait you know??? Learn to respect unnecessary risk! :-)
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