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

To: LindyBill who wrote (1676)	7/30/2001 9:07:19 PM
From: 100cfm	Read Replies (1) \| Respond to of 5205

Selling short is exactly what we are doing. As a matter of fact Schwab shows the position as a negative in my portfolio. We were all virigin dummies, I just wish I lost my virginity alot sooner like april of 2000. I would be alot better off. Deciding when to pull the trigger is the hardest part, I'm itching to sell some augs but the premiums suck. Having the advantage of having all your positions in a IRA is great, with no tax consequences to worry about you can sell ATM or close to it and get the max premiums and in this market you are right you will most likely get the opportunity to buy back cheaper. Please let us know when you do pull the trigger. 100