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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: OX who wrote (12122)	12/29/1999 12:44:00 PM
From: David Lind	Read Replies (1) \| Respond to of 14162

And of course if one was extremely concerned about a major market correction (geez, I wish it would go ahead and happen, already. I'm tired of waiting for it.), then one should not be selling naked puts anyway. Especially without being able to monitor them constantly. Or, open a spread and cover yourself further on the downside. And, if one goes to bed every night thinking about 1987,one probably shouldn't be in the game at all. IMHO. Happy New Year to all options sellers, be you calls or puts. May 2000 bring us a quick and painless NASDAQ correction right away, and a gently uptrending market forever after! -David