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


To: PoetTrader who wrote (2844)10/23/2001 11:53:29 AM
From: William  Read Replies (2) | Respond to of 5205
 
I wrote the Oct 20's, so assignment was not a question for me. I was trying to get a feeling for what ATM calls may have been assigned and what were not, given the discussion on the thread.

At this point, I am holding off on writing additional options since I believe we are likely headed into a upward move. We are almost through the Sept/Oct worst months in year and are entering a generally strong period. I think that the initial shock of Sept 11th and follow on events has worn off. If unclewest shoves a grenade up OBLs a** and the Special Forces deliver as I expect, the international outlook will improve. This is somewhat offset by the impact of the terror activities on business, but I don't believe that the USA is down and out <taking out flag and wave in air>. I would like to hear your and others comments on this
topic.

William