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

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To: Herman J. Matos who wrote (863)3/14/1997 7:26:00 AM
From: BenThair   of 14162
 
Great thread Herman great JOB
However, being a real newbie I tried to follow the logic on paper. As you have said several times "paper trading does not get the stomach twisted" or something like that. OK I made the jump and am free falling. I have 1000 shares of ROST. Now I need a little push to do the options. My Nut is 28. I gues s I shoud wait for stock to hit 30-32 and write an april 27.5? Yes Steve I have the book and am reading both as fast as I have time. Between the jargon, misspelled words, and coded english it is difficult to follow at times. Thanks in advanced keep it up andwe are all happy.
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