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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 (3996)10/17/2002 2:42:02 PM
From: FaultLine  Respond to of 5205
 
It's been so long since I breathed the intoxicating air of momentum that I'm caught in the moment

Me too! (Maybe even, "Me three!")

--dfl



To: Uncle Frank who wrote (3996)10/17/2002 2:48:13 PM
From: Andrew N. Cothran  Read Replies (1) | Respond to of 5205
 
Uncle Frank: I think that it is probably safe to sell some 35 strikes as long as you don't hang around too long.

In other words, take small profits and then take small profits again.



To: Uncle Frank who wrote (3996)10/17/2002 4:08:57 PM
From: JohnM  Respond to of 5205
 
It's been so long since I breathed the intoxicating air of momentum that I'm caught in the moment.

Well said. I'm still working my buy-write stuff but I may hold back a bit and try to write further out than usual.