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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 (2020)	8/15/2001 3:57:38 PM
From: rydad	Read Replies (1) \| Respond to of 5205

"I think you could improve your returns by being patient enough to identify where each of your holdings are in their trading ranges, and only covering those that in the upper band. That applies in reverse to closing out the positions, which is what you've been doing with your qcom september shorts." With that in mind, would the following make sense (to shift the odds more in our favor): (Given one has his/her eye on a couple of good stocks) When writing a put---write put against a stock in the low end of its trading range. When writing a call---write call against a stock in the high end of its trading range. thanks

To: Uncle Frank who wrote (2020)	8/15/2001 4:04:16 PM
From: LindyBill	Read Replies (1) \| Respond to of 5205

patient enough to identify where each of your holdings are in their trading ranges, I agree, Frank. The stocks I covered Aug 2nd were at the upper end, and when I sold yesterday, down toward the lower end. Should have waited until today, but did not want to get greedy. The techs we hold seem to move as a group, so I expect the same thing next time, but of course will check before I make a move. figure out the trading ranges of our holdings. If we knew that for sure, we would all get rich quick!