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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 (13132)	8/11/2000 2:35:34 AM
From: pranadude	Respond to of 14162

Hi Herm, Try if you will running a few positions through your options caluclator and tell me what you think. Run some variations of bull spreads - with say $10,000. Some of the positions where you buy the spread all at once, and others where you step into the position, and compare the profitablity vs. risk. I think it will prove very surprising how successful it is to get the position all at once because you can get so many more contracts with the same money. Let me know what you think. You've probably seen this site - too bad they never seem to use real numbers you can actually buy the positions for. Nevertheless, it is a whole lot of fun and plenty educational. thomsoninvest.net Richard

To: Herm who wrote (13132)	8/13/2000 12:34:26 PM
From: Mannie	Read Replies (2) \| Respond to of 14162

Hello Herm & the rest on the thread. I have been following your postings and will come out of the fog and introduce myself now. I have been giving myself an in depth education on cc writing over the last 5 months or so, looking for a somewhat mechanical system in which to both build my portfolio and create a cash flow system. Currently I have one half of my portfolio in long hold "gorilla" stocks, that I have no intention of touching for the foreseeable future, the other half is freed up as a "vehicle on which to write covered calls (including my entire SEPP-IRA, due to the lack of tax consequences when shares are assigned.). Writing covered calls is just an amazing thing to me. Once one gets beyond the fear of having your shares assigned, you are freed to explore the potential of this system. Anyway, you all know the above, I look forward to the give and take participation of this fine group. Scott