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

To: Stock Farmer who wrote (1115)6/20/2001 2:49:06 PM
From: Uncle Frank  Read Replies (1) | Respond to of 5205
 
>> Say you start with a cc strategy. What if you are called? Well, next month use the cash you would have used to buy the underlying again instead to secure puts. If ever assigned, you're back to calls again... and so on.

Are you employing this strategy yourself? If so, could you provide some anecdotal evidence of its efficacy?

duf


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