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


To: Dominick who wrote (3514)3/15/2002 10:37:40 AM
From: Victoria Walley  Read Replies (3) | Respond to of 5205
 
Thanks for your comments... I will probably just wait a while, I'm not usually one to go chasing after stocks and agree that the chart for TDW looks a little overextended.

I like these win-win situations, I think my worst case scenario is I will be called out in July and have made 10% on CC premiums for 5 months plus a couple dividends. Well, real worst case is the stock goes to zero but I think that is unlikely.

Anyways, my point is that there are other vehicles besides tech stocks to use for covered calls. Energy stocks look pretty good right now.

Vicki