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Strategies & Market Trends : How To Write Covered Calls - An Ongoing Real Case Study! -- Ignore unavailable to you. Want to Upgrade?

To: jw who wrote (11043)	6/16/1999 12:37:00 AM
From: Barbara Jo Nigh	Read Replies (4) \| Respond to of 14162

When using the WINS strategy, do you wait for the stock price to cross the top bollinger band and have an RSI of > 70 before selling the call? Do I also check the shorts on the stock before selling the call? I sell ATM or ITM calls and I look at volatility of the option? I'm also getting confused about buying a PUT. The puts seem very expensive. I trade mainly tech and telecom stocks. Also, will the WINS strategy work if I sell calls that are two or more months out and I buy them back (hopefully at a lower cost) and I want to keep my portfolio of stocks but want some cash flow coming in from them each month? Sorry for all the questions. I'm new to the group.