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


To: Andrew N. Cothran who wrote (2992)11/8/2001 3:19:29 PM
From: Uncle Frank  Respond to of 5205
 
Thanks for sharing your insights, Andrew.

>> Conclusion: I think it is still safe to assume that the November and the December 55's will expire nearly worthless.

If I were a strong believer in the MaxPain theory I'd agree, but though I think it has merit, I don't believe it has the weight to offset improved fundamentals, massive increases in liquidity, or external events. I plan to close out my cc's well before expiry, and will be happy if I can net a few bucks from them.

jmho,
duf