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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe) -- Ignore unavailable to you. Want to Upgrade?


To: BrooksR who wrote (2163)9/3/2001 8:07:59 PM
From: smchan  Read Replies (1) | Respond to of 2241
 
LOL! No big mistakes though one that was avoidable in hindsight. Basically, I took a position in JNIC which has nice premiums but a high P/E. Frankly, I was fighting the trend and with a bloated stock that was a mistake.

Moral of the story? Look beyond the fat premiums when determining your buy-writes.

Sam