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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: Greg Higgins who wrote (12297)2/1/2000 12:57:00 PM
From: Ken Adams  Respond to of 14162
 
Hi Greg,

I realize now that I completely missed your point earlier.

Selling calls on MCD might be worth considering right here. That wasn't what I thought you meant, as I said.

Sorry about my confusion... <g>

Ken



To: Greg Higgins who wrote (12297)2/1/2000 1:15:00 PM
From: Gregory  Read Replies (3) | Respond to of 14162
 
I am new on this thread.
I have 400 shares of SUNW paid in my account.
My objective is:
1. to keep the security for a long term
2. to benefit from keeping 30K tied up.
Can somebody answer the following questions for me?

1. do I write calls on a day when stock goes up or down?
2. what is a daily percentage of the stock going up(or down) when i open cc position?
3. which month? Should I sell option for current month?, next month?, 10 monthes from now?.... etc,etc)
4. what about strike price? Is it today price +10%? , today price +20%? etc,etc,?)
5. what is the mechanism to insure that I do not loose security?