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To: BDR who wrote (7773)4/12/2001 11:45:56 AM
From: gingersreisse  Read Replies (1) | Respond to of 10934
 
Nice move, Dale -

NTAP, BRCD, GMST, even SEBL have been reliable covered call engines for months. These stocks generate such strong and fierce points of view that the option premiums swell and wane. Dollar here, dollar there, pretty soon it adds up to real money.

As people start to look out into the 3Q / 4Q calendar, the time premiums should grow nicely.

GSR



To: BDR who wrote (7773)4/12/2001 12:23:41 PM
From: Uncle Frank  Respond to of 10934
 
>> No home run.

As we both appreciate, that isn't the goal for a cc writer. The rewards, in order of significance to me, are a consistent income stream, and a psychological hedge against despair in a gloomy market <gg>. I'm happy to let someone else swing for the fences at this point in time.

uf