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


To: J F Allen who wrote (888)6/1/2001 11:57:43 PM
From: FaultLine  Read Replies (2) | Respond to of 5205
 
When I write covered calls I assume the buyer is a very sophisticated hedge fund manager with more market information than I have and better analysis tools.

That certainly sounds like a cautious approach but how in the world can you rationalize any sort of action under these seemingly adverse circumstances? I think I'd just talk myself into paralysis -- a sort of "writer's cramp". <g>

I do, however, recall your May 10 comments and should probably spent some time familiarizing myself with your methods.

I sell only OTM front month calls, 10 contracts minimum. I do use technical analysis (rudimentary) Bolinger Bands and trend lines to time my sales.

I recently bought a TA for Dummies sort of book -- I'll crack it this weekend and take a look (are you listening JohnM?).

Thanks for your suggestion on the Murphy post :
Message 15879125

Do you have any interesting JUN or JUL observations ?

--Ken/fl