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


To: Uncle Frank who wrote (1976)8/13/2001 10:17:44 PM
From: Andrew N. Cothran  Read Replies (1) | Respond to of 5205
 
Uncle Frank:

You have pegged me exactly. I was not aware that the two of us trade options from a similar perspective but, on the other hand, since I read your postings both here and elsewhere, I should have been able to figure it out.

I enjoy "trading" the options. But I would still rather be a long term "investor" in QCOM and similarly situated stocks if there are any such things.

By the by: You might take a look at SRCL. It is a thinly traded stock in a growth spectrum with few shares outstanding. It is an "investing" stock, not a trading stock. Not many shares outstanding. But definitely one to watch. For your information, I own some shares in the company but don't want to appear to be touting the issue.



To: Uncle Frank who wrote (1976)8/13/2001 11:03:26 PM
From: LindyBill  Respond to of 5205
 
I'd describe Andrew and myself as opportunistic covered call writers.

Yes, and I think I am going to join you two. I realize that the it won't always work out, but, from what I see, the downside is limited.