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

To: BDR who wrote (1826)	8/7/2001 5:37:19 PM
From: Dan Duchardt	Read Replies (1) \| Respond to of 5205

Dale, That article is certainly worth reading, but I think it does not do a very good job analyzing the diagonal spread alternatives (diagonal spread = buying a call at one expiration and strike while selling a call at another expiration and strike; the article discusses buying LEAPS calls [usually ITM] and selling near term calls [usually ATM to OTM]) It also contains an erroneous statement about the risk of the alternative approach of writing a vertical bull spread (buying a call and selling one at a lower strike with the same expiration date). I commented on it and a related article elsewhere. Message 16176789 Dan