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

To: alanrs who wrote (1272)	6/30/2001 10:42:54 AM
From: BDR	Respond to of 5205

<< My objective in all this has now become finding out if I can replace my working income>> My goal, too. So far this year it is working. If I can keep it up through different market conditions and over a long enough period of time, I will not (be working, that is).

To: alanrs who wrote (1272)	6/30/2001 10:49:02 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 5205

>> I did a summary of the year and have been involved in 39 completed transactions representing 71 contracts. This averages to 1.8 contracts per transaction. My average gain has been $423 per transaction, or $234 per contract. My average holding time is 24.7 calendar days. My success rate has been 100% (no buy backs at a loss, no stock call yet). That is simply incredible, Alan, and a tribute to your careful planning and patience. If there were a section in the Guinness Book of Records for options players, I'd nominate you. You are a true role model for the rest of us dummies. duf