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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: Wyätt Gwyön who wrote (13340)10/17/2000 10:58:26 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 14162
 
Mucho,

Great example of a conservative approach to writing calls. Over the last several months, I think that has been a more prudent approach than trying to enter longs on bottoms and sell calls at tops.

How will you handle your LU position going forward if it should happen to recover?

Dan



To: Wyätt Gwyön who wrote (13340)11/26/2000 10:47:59 AM
From: Herm  Respond to of 14162
 
Hello Mucho Maas,

Wow! How time flys. Where have I been for the past month?
Thanks for that run down on your approach. Like you indicated, the last two or three months have been killer bearish down drafts. A good defensive hedge will at least keep your powder dry.



To: Wyätt Gwyön who wrote (13340)11/26/2000 10:42:16 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 14162
 
Mucho; LOL ;-) I've been doing much the same thing as
you .. also with some bull spreads that droped in value
I went ahead & bought the stock and sold my lower strike.
Jim