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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Curbstone who wrote (39253)2/14/2001 1:16:47 PM
From: Uncle Frank  Read Replies (1) | Respond to of 54805
 
>> The idea is to write the call at the top of the range for a better premium, and either buy it back or do it again at the lows. So aren't we back to a buy low sell high strategy...

That doesn't capture the essence of the strategy. You want to be in the position of selling time and optimism, which are wasting assets.

uf