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Strategies & Market Trends : WR's Covered Calls -- Ignore unavailable to you. Want to Upgrade?


To: bela_ghoulashi who wrote (35)10/29/2000 10:09:42 PM
From: bela_ghoulashi  Read Replies (1) | Respond to of 68
 
The drawback is if at any time during that process, the underlying goes up enough to get you called out, you may be forced to exercise your leap with enough of its premium value still intact to cause you a loss.

In which case you may spend the rest of your life watching elderly cleaning ladies mopping the hall floor outside your room in a fairly depressing rest home.



To: bela_ghoulashi who wrote (35)10/29/2000 10:10:35 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 68
 
My little brain is starting to comprehend.

Excellent idea!!!

Now you have me thinking about other possibilities......



To: bela_ghoulashi who wrote (35)3/18/2023 2:11:56 PM
From: Wayne Rumball1 Recommendation

Recommended By
Cogito Ergo Sum

  Read Replies (1) | Respond to of 68
 
damnit, i didn't take your advice

and you spend the rest of your life watching young ladies in bikinis lounge on your beach on the Cayman Islands.