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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: Herm who wrote (11944)	11/29/1999 6:25:00 PM
From: Sam2482	Read Replies (1) \| Respond to of 14162

Herm, at the risk of sounding....well unsophisticated...how do you do ccing against LEAPS. Your advice to David sounded very good but I couldn't figure out how to do it. If I buy a leap out two years and sell a call out 3 months...what do I do if I have to deliver ? Where can I find guidance on this strategy. Could someone provide an example of a " play " ? Thanks,

To: Herm who wrote (11944)	11/29/1999 6:57:00 PM
From: David Lind	Respond to of 14162

Herm, thanks for leaping to the response. But at this moment I have to second Vicki's post that you are over my head with CCing Leaps, and would enjoy a bit more illumination on the mechanics. I will also look more into it and likely have a further set of questions about the strategy. Regarding my trading sources, etc., I use Fidelity for most of my work. They ain't perfect, but nobody is. They provide decent rates and option chains for all issues, and decent service. I have also used Datek for quick trades, and have been happy with their speed, but they do not yet offer options. For basic FA, I don't think you can beat Briefing.com. $6.95 a month gets you instant research on news reports, ratings and the market. They have a great search engine that pulls up everything. And your site is super for specing out CC possibilities. - David