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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo who wrote (4663)	3/12/2000 7:50:00 AM
From: Poet	Read Replies (1) \| Respond to of 8096

Jimbo, Now this is interesting! So you're agreeing with Voltaire's strategy of writing essentially ATM cc's each month? I've got to tell you, I'm still not sure I understand it completely. First, the idea of risking losing my shares every month, combined with the task of having to time a re-entry, seems to be too much work for the profit involved. I'd rather play the intramonth volatility of my larger holdings and skim a few times, using my equity to do other, more lucrative, options plays. So are you doing as Voltaire suggests these days?