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


To: stu fabian who wrote (47)11/1/2000 8:42:59 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 68
 
No, I used to do the same thing but I do not write calls anymore. The Bull Market over the past few years had a nasty habit of taking me up on my offer, far more often than I cared for.

As far as trading pennies, I have little time to trade what might be considered blue chips so pennies aren't in my plans. I did taken a speculative position in one BB company just recently on what was probably not reasonable advice but it isn't a lot of money. That should be enough for my blood for the next several years.

How is the bridge working out? Get EZ Pass yet?



To: stu fabian who wrote (47)11/4/2000 6:09:12 PM
From: Wayne Rumball  Read Replies (1) | Respond to of 68
 
Huh? What did I miss?

Whatcha got against writing covered calls on $18 stocks for 33% premiums?

And how does that lead to getting hooked on pennies?

OK stu, you found me out. It was a very complex plan, but you saw the real motive and desired result.