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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 (2318)8/31/2001 9:18:49 PM
From: 100cfm  Read Replies (2) | Respond to of 5205
 
I think the pressure is on the ones buying our calls.
After this week it looks like holding septs till expiration will be a cake walk.
Don't think anything will reverse the trend until maybe the next Fed meeting, but that is unlikely since it will be another expected 1/4 pt cut and not what this market really needs. The next opportunity will be during earnings season but again it's more likely to turn out to be warnings season.

I'm praying for a little pressure on my CC positions, that would mean my holdings aren't doing the vanishing act anymore.

100



To: Uncle Frank who wrote (2318)9/4/2001 12:35:27 PM
From: surfbaron  Read Replies (1) | Respond to of 5205
 
Unc: <<<<<I think I'll wait for an up day and write Octobers again. I'm enjoying the lack of pressure now that I've stopped writing front month calls>>

Say it aint so!


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