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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: Steve 667 who wrote (29864)	8/21/2000 2:48:53 PM
From: bonnuss_in_austin	Respond to of 35685

Steve_667 & Rocketman: I for one... ...appreciate your posts that explore potential (possible, or 'feasible,' anyway) risks of the 'selling-CCs-for-regular-income' strategy. Every day, I pull up options chains (usually on those such as GE, though ... as I maintain this 'notion' that you want to write your calls on a STABLE stock -- not the wild roller coaster mo-mos. Again, that's another 'bias' I have at least so far in my learning experience about writing calls in general ... finding it difficult to 'let loose of.') Every day, I think: "Why do I want to assume the obligation of holding some or all of this stock for at least one month that restricts me from selling under ANY circumstances, to pick up a coupla hundred bucks in 'insurance premiums?'" Like your remark, RocketMan, that if market's going up, money is made (<g>, by bulls anyway) in any other fashion, including LTB&H). Learning, learning, learning, but doing so by spending most of my life umbilically-corded to this computer... Just musing ... Porchin' ... 'b-i-a' ###