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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 (1877)	8/10/2001 12:00:29 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 5205

>> I hope I have not wandered too far afield in my contributions here. Speaking for myself, which is all I have been doing, I've always appreciated your commentary, Dan, and hope that you continue to participate in the thread. uf

To: Dan Duchardt who wrote (1877)	8/10/2001 9:41:58 AM
From: RGM	Respond to of 5205

How about starting a thread on selling naked puts and calls. Since I have been 100% cash in my brokerage account as of a few weeks ago, I have begun to accumulate a portfolio of naked put positions for those stocks I would want to own for more than one year. The strike prices for these naked put positions are about 10% to 25% lower than their current prices with expiration dates in the January - March 2002 timeframe. I have the expectation of having these stocks exercised or "put" to me on or before their options exercise dates. The basic assumption that I am making is to own these stocks at these lower strike prices in anticipation of an economic recovery starting during 2002. If I am wrong about the timing of the beginning of the economic recovery, I may be owning these stocks at prices lower than the exercise strike prices (if I take no subsequent action - which is highly unlikely). If these stock prices never get exercised or put to me, then I shall make a bunch of money from selling "insurance" to put buyers without owning these underlying stocks. Rob

To: Dan Duchardt who wrote (1877)	8/10/2001 5:06:38 PM
From: Dan Duchardt	Respond to of 5205

OUCH!!!! The link to the new site posted in my previous message is NG!! It should have been Subject 51589 Thanks Uncle Frank for bringing that to my attention. Sorry about the error. I do hope those of you who want to discuss topics that go beyond the basic CC strategy will join me over there. I intend to write responses to some recent posts here, but will do it on the new thread to see if I can lure you into a lively discussion there. Dan

To: Dan Duchardt who wrote (1877)	8/12/2001 10:53:11 PM
From: PoetTrader	Read Replies (2) \| Respond to of 5205

Dan...I was the one that invited you over here, and quite frankly have been impressed by all your incredible information. I found the Options for Newbie thread mostly uninhabited. I've been on a book deadline, so I haven't been around here much, but now after catching up on the threads last 300 posts or so, I can see that the thread has elevated itself. Personally, and in my very humble opinion, more information is only good. Can't people simply skip by the posts that are discussing strategies that don't fit their particular game plan? I suppose it's up to Faultline, but I for one am learning so much by the back and forth discussions between PAL and rydad and all posts by you, Dan. So if it were up to a democratic vote, I say let's all learn as much as we can. But I'm just a dumbling, so what do I know?!!...Thanks again for all the great input. PoetTrader