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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: Steve_GTS who wrote (13448)	12/2/2000 9:23:58 AM
From: jaytee	Respond to of 14162

Steve GTS: No such animal. ("GUARANTEE) unless you go to bank and get that 3% to 5% ANNUALLY. However, that being said, there are alot of very astute people here (I don't pretend to be one) that you can learn from. You can learn how to make MORE that that some months, and less others. . . . but that (3%) would be very do-able for an average, as you will read in Hem's introduction, and his posts. Naturally, the market trend and economic climate are the "wind" that fills the sails of our ship. Sometimes we go reaaaaaallllllly fast . . . and on course. Other times we drift , and are stagnant . . . Unfortunately there are times when we get blown away! And in the WRONG direction. Herm's other site, and this one, will show you how to CORRECT your "navigational" course. You can do "repairs" with your option "toolbox" Herm talks about. (go to start of posts, and start reading) Periodically adjusting with your option tools . . . to keep you heading profitably into the sunset. jaytee

To: Steve_GTS who wrote (13448)	12/8/2000 4:03:02 PM
From: Herm	Respond to of 14162

Hello Steve, Let me add to Jaytee's replay. Please be aware that there is much to learn about the stock market and that includes writing covered calls. Can you make 3% to 5% per month? Sure, if you have the working knowledge of the instruments, a cool mental attitude, ample time to do your homework, and capital investment dollars that you don't need to draw from every month UNTIL you have the system down pat. When you are in need of the dollars it clouds your judgement at critical times. I can tell you that there are several "systems" or trading plans out there. The hard part is finding one that matches your investment style and comfort level. Forget about the no risk investment plan. There is no such animal or free lunch. There is plenty to read at the CBOE's web site. You are also welcome to grab any freebies off my web site as well. leapspreadswins.com Consider signing up for the free newsletter at coveredcalls.com which has a circulation world wide. You may need to start an investment book collection. Here is a post on books... Message 13901974