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


To: PoetTrader who wrote (2185)8/22/2001 12:51:33 PM
From: rydad  Read Replies (1) | Respond to of 5205
 
Correct. I sold the put farther out because I figure its safer and it might give me a chance to buy back if we get a end of year rally. But I'm not holding my breath. Also since the number of puts is so few, I figure I could collect more premium and pay less commission if I write farther out.