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To: synchro_fan who wrote (29904)8/21/2000 9:43:56 AM
From: SE  Respond to of 35685
 
I have yet to sleep that well at night, but hopefully soon. Still feel I have some things to understand about this strategy, but at this point, there is not one thing I have seen about it that I do not like.

Stock goes up, there are things to do to enhance your gain, or just sit tight and accept the percent gain you determined when you wrote the calls.

Stock goes down, there are things you can do to minimize your loss.

Stock goes sideways, you double your account each year, or thereabouts.

Seems simple enough. So why I am ripping this thing apart trying to find the catch?

-SE



To: synchro_fan who wrote (29904)8/21/2000 9:45:22 AM
From: Dealer  Respond to of 35685
 
Hi Synco,

Sounds like you got the CC strategy down pat. Good for you.

dealie