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


To: Dan Duchardt who wrote (1773)8/3/2001 7:38:50 AM
From: edamo  Read Replies (2) | Respond to of 5205
 
dan..."strongly attached to the underlying stocks"

thanks your kind reply....the "attachment" can be the bane of the average investor, particularly if it acts as a millstone and drags the investors portfolio down into the abyss of depression.....

fortunately options give some relief and the ability to gain cash flow from the stock held in inventory....as long as the underlying still is attractive and has liquidity in the overall market sense...

the advantage of knowing that leaps exist is a fall back should you make a wrong direction call....