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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?


To: Uncle Frank who wrote (666)5/21/2001 3:28:57 AM
From: cfoe  Read Replies (1) | Respond to of 5205
 
UF - Hey, you did better on a profit-per-trade basis, so my HTD award salutes you.

Having entered March very much a beginner in writing CCs, I was reluctant to risk all 1K shares at the same strike price. And making as many trades as I did, definitely increased my execution costs (although I think I have a good arrangement with my broker and do not mind compensating her for her CC advice, the truth is the more trades, the more cost).

My current view is that if I deem the strike price fair (as I did for the May 65s) I am now willing to risk all 1K shares in one CC transaction.

Thanks for the example (and inspiration) you have been to me over these past few months.