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

To: adairm who wrote (933)	6/7/2001 12:05:44 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 5205

>> Do you count trading days or calendar days in your rate of return calculations? I don't try to compute rate of return on short term plays. I think there's some rule of accounting that requires a longer baseline for legitimacy. Can you imagine the annualized rate of return on a 1 day two bagger? I had one of those... once <gg>.. >> I find it kind of perverse to be rooting for a stock you own to go down in price! I root for my Gorillas in the long term and believe their recovery is inevitable, but I try to be objective on short term options plays. There's no room for sentiment in that marketplace. Have you started trading in your cc portfolio? I'd be interested in understanding your decision making process. uf