How To Write Covered Calls - An Ongoing Real Case Study! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: CCWriter who wrote (801)	3/13/1997 5:41:00 PM
From: hpeace	of 14162

Baline, robt. knows it is cc'ing. He's falling for the myth that cc'ing is zero sum game. But, he forgot to red the fine print on the study. It assumes that in most cases you search for a premium and do buy/rite not a super solid stk first. It assumes no follow up. It assumes you don't buy back and then resale 4 days later. it assumes that you don't do pp's or buy upstrike calls when they are cheap. So, assumption after assumption are crazy. only idiots do that kind of cc'ing. Of course everybody starts out an idiot in cc'ing. I even tested it. On 3000 shares of Nynex I did buy/rite...made 6% per yr plus the 5% dividend. on the other 3000 hsares i did my stategy...made 30-40% per yr. Nynex is not a real volitile stk when i did this. Its a good beginner stk to cc.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next